Question: Incorrect. There is a positive relationship between present value and interest rates. Incorrect. A semi annual bond and an annual bond have the same yield
Incorrect. There is a positive relationship between present value and interest rates. Incorrect. A semi annual bond and an annual bond have the same yield to maturity. The semi-annual bond has the lower price. thincorrect) You can calculate long-term sustainable growth of a stock by multiplying the stock's return on equity by its retention ratio
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