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Which of the following is correct? The expected return on corporate bonds will generally exceed the yield to maturity. All else equal, if a bond's
Which of the following is correct? The expected return on corporate bonds will generally exceed the yield to maturity. All else equal, if a bond's yield to maturity increases, its current yield will fall. The par value of a bond is typically the same as the retained earnings value. If a bond's yield to maturity is less than its annual coupon rate, then the bond will be trading at a discount. If a bond's coupon rate is less than the same bond's yield-to-maturity, the bond's market value is at a discount to par value
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