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QUESTION 2 10 po. Current yield a poor approximation for yield to maturity if a bond's price is much lower than its par value and

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QUESTION 2 10 po. Current yield a poor approximation for yield to maturity if a bond's price is much lower than its par value and has a short maturity. True False QUESTION 3 10 point An increase in the duration of a bond reduces its interest-rate risk. True False

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