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True and False 1. The yield to maturity is the noncompound annual rate of return that can be expected if the bond is sold before
True and False
1. The yield to maturity is the noncompound annual rate of return that can be expected if the bond is sold before the maturity.
2. If you believe that interest rates will decrease, you should move into short-term bonds with high coupon rates.
3. In most cases, bonds will be called if interest rates drop substantially so that the firm will save money by refinancing at a lower rate
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