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Listen Which of the following statements is false? OA) Consider a bond that pays coupons annually. If the bond is traded at a premium, its
Listen Which of the following statements is false? OA) Consider a bond that pays coupons annually. If the bond is traded at a premium, its yield to maturity will exceed its coupon rate. B) The price of a bond will move toward par value over time (assume constant yield-to-maturity) C) All else equal, the price of a bond would go down if interest rate rises. OD) The yield of bonds with credit risk will be higher than that of otherwise identical default-free bonds. E) None of the above
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