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The following are correct descriptions about generalcharacteristics of Bonds, EXCEPT: Question 3 options: Bonds in general generate a fixed coupon payment every period,until maturity expires.

The following are correct descriptions about generalcharacteristics of Bonds, EXCEPT:

Question 3 options:

Bonds in general generate a fixed coupon payment every period,until maturity expires.

A bond that offers a fixed coupon payment in perpetuity iscalled a console.

If the market interest rate increases, then the
current price for bonds will increase.

If the current price of a bond increases, its yield to maturity(YTM) will decrease.

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