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uestion 23 3 pts Which of the following statement is correct? Bond price would be lower if the default risk of the bond issuer increases..
uestion 23 3 pts Which of the following statement is correct? Bond price would be lower if the default risk of the bond issuer increases.. Bond price increases in YTM. Relative to the price of a long term bond, the price of a short-term bond is more sensitive to the change in interest rate It is possible that the price of a Zero-coupon bond is larger than its face value
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
