Question
As market interest rates fall, bond prices: increase at a decreasing rate increase at an increasing rate increase at a constant rate decline at a
As market interest rates fall, bond prices:
| increase at a decreasing rate | ||
| increase at an increasing rate | ||
| increase at a constant rate | ||
| decline at a constant rate | ||
| decline a a decreasing rate |
he difference between a return on a risky investment and a risk-free rate is called the:
| risk premium | ||
| standard premium | ||
| market premium | ||
| correlation premium | ||
| speculative premium |
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Financial Valuation
Authors: James R. Hitchner
4th Edition
1119286603, 978-1119286608
