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Question 12 1 pts The required rate of return on a bond is the interest rate that equates the current market price of the bond
Question 12 1 pts The required rate of return on a bond is the interest rate that equates the current market price of the bond with the present value of all coupons and the par value equivalent to the current yield for nonpar bonds equal to the required rate of return on a stock larger than the return of a risky stock Question 16 1 pts Firms in the US can be affected by movements in the exchange rate. If the exchange rate is defined as home currency units for one unit of the foreign currency (HC/FC), an increase of the exchange rate would imply? Depreciation of the foreign currency Appreciation of the home currency Depreciation of the home currency None of the above
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