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Which of the following statements is true? A) The more marketable a security, the higher its yield. B) The longer the security's term to maturity,
Which of the following statements is true?
A) The more marketable a security, the higher its yield.
B) The longer the security's term to maturity, the greater its yield.
C) Taxable bonds have to offer higher before-tax yields than comparable tax-exempt bonds.
D) Putable bonds offer higher yields than similar non-putable bonds
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