3pts Clark Co. issued 5.3% coupon bonds 10 years ago. Which one of the following...
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3pts Clark Co. issued 5.3% coupon bonds 10 years ago. Which one of the following will be the effect of a decrease in YTM? Increases the coupon rate Decrease the market price OOO OO Increase the market price Increase the face value Decrease the coupon rate 3 pts Question 19 A perpetuity is best defined by which one of the following? payments which increase at a constant rate for a finite period of time equal payments at regular intervals over a finite time period equal payments at regular intervals of time forever payments which increase at a constant rate forever
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