Question
The bond price increases if (choose the correct answer): a.coupon rate is less than yield to maturity and number of coupons in year increases b.yield
The bond price increases if (choose the correct answer):
a.coupon rate is less than yield to maturity and number of coupons in year increases
b.yield to maturity increases
c.coupon rate decreases
d.none of the above
e.coupon rate is less than yield to maturity and time to maturity decreases
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
