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QUESTION 13 Bonds with the same tax status and ratings: always have the same yield. can have different yields due to different maturities. should sell
QUESTION 13 Bonds with the same tax status and ratings: always have the same yield. can have different yields due to different maturities. should sell for the same price. will still have different yields depending on their face values QUESTION 14 Which of the following names relates to bonds receiving low ratings by rating agencies? junk bonds. high yield bonds speculative bonds all of the above QUESTION 15 Which of the following statements pertaining to the yield curve is not true? Yield curves usually slope upwards. The yield curve shows the difference in default risk between securities. The yield curve shows the relationship among bonds with the same risk characteristics but different maturities. The yield curve can be flat or downward sloping depending on market conditions
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