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Which statement is correct? If the yield to maturity of a bond goes down, its price goes up. Bonds always pay coupons annually. A premium
Which statement is correct?
If the yield to maturity of a bond goes down, its price goes up. | ||
Bonds always pay coupons annually. | ||
A premium bond has a coupon rate lower than its yield to maturity. | ||
Dividends on stocks either is constant or grows at a constant rate. |
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