Question
As the yield to maturity increases, the: higher the price the investor offers to buy a bond. longer the time to maturity. lower the rate
As the yield to maturity increases, the:
| higher the price the investor offers to buy a bond. | ||
| longer the time to maturity. | ||
| lower the rate of return desired by the investor. | ||
| amount the investor is willing to pay to buy a bond decreases. | ||
| lower the coupon rate desired by that investor. |
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Cases In Healthcare Finance
Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
