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For a bond that is currently selling for par value (.e., $1000), which one of the following relationships is correct (note: assume that all factors,
For a bond that is currently selling for par value (.e., $1000), which one of the following relationships is correct (note: assume that all factors, other than the one mentioned, remain constant)? 1) of the term to maturity increases, the bond price will decrease. 2) If the yield to maturity increases, the bond price will remain the same. 3) if the yield to maturity decreases, the bond price will decrease. 4) If the coupon rate increases, the bond price will remain the same. 5) If the coupon rate decreases, the bond price will decrease
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