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Which of the following statements is CORRECT? a. All else equal, if a bonds yield to maturity decreases, its price will increase. b. All else
Which of the following statements is CORRECT?
a. All else equal, if a bonds yield to maturity decreases, its price will increase.
b. | All else equal, if a bonds yield to maturity decreases, its price will fall. |
c. | If a bonds yield to maturity exceeds its coupon rate, bond will sell at par. |
d. | If a bonds yield to maturity exceeds its coupon rate, bond will sell at a premium. |
e. | None of the above is correct.
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