Question
Everything else held constant, the yield-to-maturity (YTM) of a bond __________. will equal the coupon rate if the bond sells at par value will decrease
Everything else held constant, the yield-to-maturity (YTM) of a bond __________.
| will equal the coupon rate if the bond sells at par value
| ||
| will decrease if the price of the bond increases
| ||
| will be lower than the coupon rate if the bond sells below par value
| ||
| A and B are both correct |
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
