Question: 47: The current value of a bond is based: A. On the present value of the coupons and the future value. B. On the present

47: The current value of a bond is based:

A.

On the present value of the coupons and the future value.

B.

On the present value of all future cash flows related to the bond

C.

On the present value of the coupons plus the present value of the price.

D.

On the yield to maturity and the coupon rate.

48: A stocks capital gains yield will never be negative. TRUE OR FALSE

52: Diversification can not reduce the level of systematic risk. TRUE OR FALSE

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