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Choose the CORRECT statement from the following: Select one: O a. If a bond's yield to maturity exceeds its coupon rate, the bond's price must
Choose the CORRECT statement from the following: Select one: O a. If a bond's yield to maturity exceeds its coupon rate, the bond's price must be less than its maturity value. O b. If two bonds have the same maturity, the same yield to maturity, and the same O c. If a bond's yield to maturity exceeds its coupon rate, the bond's current yield O d. All else equal, an increase in interest rates will have a greater effect on the prices O e. All else equal, an increase in interest rates will have a greater effect on higher- level of risk, the bonds should sell for the same price regardless of their coupon rates. must be less than its coupon rate. of short-term than long-term bonds. coupon bonds than it will have on lower-coupon bonds
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