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Bonds are a part of the class of fixed income securities because a. the yield to maturity of bonds is a fixed parameter during the

Bonds are a part of the class of fixed income securities because

a. the yield to maturity of bonds is a fixed parameter during the bond's entire life span

b. the bonds are dependent on interest rates for their value

c. the bonds pay same coupon irrespective of interest rates

d. the bonds are like stocks of the firm except holders are always different

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