Question
The price of a fixed-coupon bond changes in the opposite direction to a change in the required yield because Question options: The future value of
The price of a fixed-coupon bond changes in the opposite direction to a change in the required yield because
Question options:
The future value of the cash flow decreases
The present value of the cash flow decreases
The cash flows are no longer certain
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Financial Analysts Indispensable Pocket Guide
Authors: Ram Ramesh
1st Edition
0071361561, 978-0071361569
