The price of a bond is inversely related to: a. The time to maturity. b. The yield to maturity. c. The coupon value of the bond. d. All of the above. e. Only A and B of the above. Which of the following factors could explain difference in yields on bonds with the same time to maturity? a. Default risk. b. Tax considerations. c. Liquidity. d. All of the above. e. None of the above. The price of a bond is directly related to: a. The face value. b. The yield to maturity. c. The time to maturity. d. All of the above. d. None of the above. The present value of a bond with one year to maturity, face value $1000 and yield to maturity of 5% is: a. $952.38 b. $1,000.00 c. $1,005.00 d. $1, 050.00 e. $555.00 The present value of a bond with two years to maturity, face value of $10,000 and yield to maturity of 4% is: a. $7, 142.86 b. $9, 245.56 c. $9, 615.38 d. $10, 400.00 e. $11, 312.45