Question
Bond X sells for par value and pays an annual coupon. Assume yield to maturity remains unchanged as Bond X approaches maturity. Which of the
Bond X sells for par value and pays an annual coupon. Assume yield to maturity remains unchanged as Bond X approaches maturity. Which of the following is equal to zero for Bond X? Choose all that apply.
| a) capital gains yield | ||
| b) coupon rate | ||
| c) yield to maturity | ||
| d) current yield |
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
