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Which of the following is correct? The par value of a bond is typically the same as the retained earnings value. The face value of
Which of the following is correct? The par value of a bond is typically the same as the retained earnings value. The face value of a bond is typically equal to the coupon rate. All else equal, if a bond's yield to maturity increases, its current yield will fall. The expected return on corporate bonds will generally exceed the yield to maturity. All else equal, if a bond's yield to maturity decreases, its market value will increase
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