Which of the following statements is CORRECT? a. A zero coupon bond's current yield is...
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Which of the following statements is CORRECT? a. A zero coupon bond's current yield is equal to its yield to maturity. b. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at a prer c. All else equal, if a bond's yield to maturity increases, its price will fall. d. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at par. e. All else equal, if a bond's yield to maturity increases, its current yield will fall
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