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How many of the following statements are true? All else being equal convertible bonds are priced at a higher YTM than ordinary bonds. The market
How many of the following statements are true? All else being equal convertible bonds are priced at a higher YTM than ordinary bonds. The market interest rate required in the market on a bond is referred to as the coupon rate. An increase in interest rates will cause the current yield on a bond to increase. All else being equal, higher coupon bonds have more interest rate risk
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