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Which of the following is most correct? A- if the coupon bond is selling at par, it's current yield equals its yield to maturity. B-
Which of the following is most correct?
A- if the coupon bond is selling at par, it's current yield equals its yield to maturity.
B- if rates fall after its issue, a zero coupon bond could trade for an amount above its par value.
C- a zero coupon bonds current yield is equal to its yield to maturity
D- all the above
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard
3rd Edition
0324118945, 9780324118940
