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Which of the following statements is CORRECT? If a bonds yield to maturity exceeds its coupon rate, the bond will sell at par. All else
Which of the following statements is CORRECT?
If a bonds yield to maturity exceeds its coupon rate, the bond will sell at par. | ||
All else equal, if a bonds yield to maturity increases, its price will increase. | ||
If a bonds yield to maturity exceeds its coupon rate, the bond will sell at a premium over par. | ||
The current yield is annual dividend divided by current price of the bond. | ||
A junk bond is always the safest bond to buy for a risk taker. |
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