All else constant, as the market price of a bond increases the current yield _____ and the
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Question:
All else constant, as the market price of a bond increases the current yield _____ and the yield to maturity _____.
A. decreases; decreases
B. decreases; increases
C. increases; decreases
D. increases; increases
E. remains constant; increases
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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