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