The yield to maturity on a bond with a price equal to its par value will Select one: a. Will depend upon the required return. b. Will be lower than the coupon rate. c. Always be equal to the coupon rate. d. Will be more than the coupon rate
The yield to maturity on a bond with a price equal to its par value will Select one: a. Will depend upon the required return. b. Will be lower than the coupon rate. c. Always be equal to the coupon rate. d. Will be more than the coupon rate
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 4QTD
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Question
The yield to maturity on a bond with a price equal to its par value will
Select one:
a.
Will depend upon the required return.
b.
Will be lower than the coupon rate.
c.
Always be equal to the coupon rate.
d.
Will be more than the coupon rate
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