QUESTION 13 For a premium bond, the: O 1. current yield is less than either the...
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QUESTION 13 For a premium bond, the: O 1. current yield is less than either the coupon rate or the yield to maturity. O2. coupon rate exceeds both the yield to maturity and the current yield. O 3. coupon rate is equal to the yield to maturity but less than the current yield. O 4. yield to maturity exceeds both the coupon rate and the current yield. O 5. current yield is equal to the coupon rate but less than the yield to maturity. QUESTION 14 Which one of the following increases the probability that a bond will be called? 1. The bond is selling at par O 2. Market interest rates decline 3. The bond was issued within the past year 4. The bond is within the call protection period 5. The call premium is relatively high QUESTION 13 For a premium bond, the: O 1. current yield is less than either the coupon rate or the yield to maturity. O2. coupon rate exceeds both the yield to maturity and the current yield. O 3. coupon rate is equal to the yield to maturity but less than the current yield. O 4. yield to maturity exceeds both the coupon rate and the current yield. O 5. current yield is equal to the coupon rate but less than the yield to maturity. QUESTION 14 Which one of the following increases the probability that a bond will be called? 1. The bond is selling at par O 2. Market interest rates decline 3. The bond was issued within the past year 4. The bond is within the call protection period 5. The call premium is relatively high
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