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If a bond pays interest semi-annually: Select one: a. the realized compound yield is lower than if annual payments were made. b. the calculation of
If a bond pays interest semi-annually: Select one: a. the realized compound yield is lower than if annual payments were made. b. the calculation of yield to call would be different than if annual payments. c. to determine present value on a financial calculator, the interest rate is doubled and the number of interest payments is halved. d. potentially, less interest may be lost if sold prior to maturity.
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