Question: All else being equal, an increase in the yield to maturity of a bond will result in: an increase in the maturity value of the
All else being equal, an increase in the yield to maturity of a bond will result in:
an increase in the maturity value of the bond.
an increase in the market price of the bond.
a decrease in the rate of return at which the cash flows from the portfolios can be reinvested.
a greater interest rate price risk on a long-term bond than on a short-term bond
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