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Which of the following is true? When market interest rates increase, bond prices decrease CShort term bonds are more sensitive to changes in interest rates
Which of the following is true? When market interest rates increase, bond prices decrease CShort term bonds are more sensitive to changes in interest rates than long term bonds. If the yield to maturity is equal to the coupon rate then the bond will sell at a premium If the yield to maturity is greater than the coupon rate then the bond will sell at a premium
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Financial Management
Authors: P V V Satyanarayana
1st Edition
9350568012, 9789350568019
