Which of the following statements is correct? Excel comerts dates to a serial tumber that represents the mumber of days since lanuary 1,1800 lon A bond contists of two twpes of cxh fowv a perpetuity of the interest fcouponl papenents and a Current vield is the compound averare annual rate of retum atsuming that the bond will be called b All the anowers are conrect. For a given change in yieid, lork-term bend prices will change more than stwirt-term bond prices Question 10 Which of the following statements is incorrect? Because the value of a bend is the future value of Its future cash fows, the value of a bord we de High-eoupon bonds are less semitive to changes in yields than are low-cospon boods. Vield to maturity is the compound average annasl rate of return induding capial gains or loses All the antwers are correct except one. The current villd is the annial coupon paynent fivided by the curren price of the bond: Which of the following statements is correct? Excel comerts dates to a serial tumber that represents the mumber of days since lanuary 1,1800 lon A bond contists of two twpes of cxh fowv a perpetuity of the interest fcouponl papenents and a Current vield is the compound averare annual rate of retum atsuming that the bond will be called b All the anowers are conrect. For a given change in yieid, lork-term bend prices will change more than stwirt-term bond prices Question 10 Which of the following statements is incorrect? Because the value of a bend is the future value of Its future cash fows, the value of a bord we de High-eoupon bonds are less semitive to changes in yields than are low-cospon boods. Vield to maturity is the compound average annasl rate of return induding capial gains or loses All the antwers are correct except one. The current villd is the annial coupon paynent fivided by the curren price of the bond