Question: D There could be multiple IRRS Question 13 3 pts Brock purchased a 6% bond from Pierre Industries several years ago for $878. Currently the
D There could be multiple IRRS Question 13 3 pts Brock purchased a 6% bond from Pierre Industries several years ago for $878. Currently the bond sells for $1,237 and has 10 years to maturity. What do you know about the current yield to maturity (YTM) of the bond, and how have interest rates changed since Brock bought the bond? ?YTM > 6%, rates have decreased O YTM 6%, rates have increased Question 14 3 pts
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