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Which of the following statements about zero-coupon bonds is correct? Select one: a. The yields to maturity of zero-coupon bonds are always lower than that
Which of the following statements about zero-coupon bonds is correct?
Select one:
a. The yields to maturity of zero-coupon bonds are always lower than that of coupon bonds.
b. A zero-coupon bond with a 1.5% yield to maturity will trade at a premium.
c. Other things being equal, a zero-coupon bond with a shorter maturity date has a higher price.
d. Other things being equal, a zero-coupon bond with a lower yield to maturity has a lower price
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