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QUESTION 23 When pricing a bond, we use yield as the appropriate discount rate to discount future payments of the bond. Therefore, the relationship between

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QUESTION 23 When pricing a bond, we use yield as the appropriate discount rate to discount future payments of the bond. Therefore, the relationship between price and yield on a bond is a positive b. negative O c. sometime positive and sometime negative. d. There is no relationship between price and yield of a bond. e. None of the above choices is correct

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