Question
The Yield to Maturity is the discount rate that equates the bonds price to the PV of future cash flows. It is the same as
The Yield to Maturity is the discount rate that equates the bonds price to the PV of future cash flows. It is the same as IRR. If the YTM rises, the price of the bond will?
Group of answer choices
Rise
Fall
Stay constant or flat
First will rise, than stay constant at new IRR
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Beyond Blockchain The Death Of The Dollar And The Rise Of Digital Currency
Authors: Erik Townsend
1st Edition
172917728X, 978-1729177280
