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Which of the following statements about bonds is most likely to be true? a)The higher the coupon rate, the lower the price of the bond,
Which of the following statements about bonds is most likely to be true?
a)The higher the coupon rate, the lower the price of the bond, holding all else constant.
b)The higher the coupon frequency, the higher the price of the bond, holding all else constant.
c)The higher the yield to maturity, the higher the price of the bond, holding all else constant.
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