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In which of the following situations would the yield to worst for a certain bond be that bond's yield to call? The bond's coupon payments
In which of the following situations would the yield to worst for a certain bond be that bond's yield to call?
- The bond's coupon payments are high relative to market yields.
- The bond is sold at a discount.
- The probability of calling the bond is high.
Group of answer choices
I only
II only
II and III
I and III
III only
I and II
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