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What is the answer on this? Which of the following statement is CORRRECT? O A if a bond's yield to maturity is lower than its
What is the answer on this?
Which of the following statement is CORRRECT? O A if a bond's yield to maturity is lower than its coupon rate, the bond will sell at a discount. O B Abond's discount or premium will get smaller and finally disappear as the bond approaches its maturity date O C The longer the time to maturity, the less sensitive a bond's price will be to changes in interest rates. OD The yield to maturity on a zero coupon, $1,000 par value bond which will mature in 10 years is 5%. The price of the bond is $500. O E A bond's coupon rate changes with its yield Step by Step Solution
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