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Are the following statements true, false, or it depends. Briefly explain your reasoning in 4-5 sentences. a. If the yield to maturity remains constant, the

Are the following statements true, false, or it depends. Briefly explain your reasoning in 4-5 sentences.

a. If the yield to maturity remains constant, the price of the bond is expected to remain constant over time. b. When investing in bonds, we should invest in bonds with higher yields to maturity (YTM) because they give higher expected returns.

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