Question: QUESTION 1 1 Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a

QUESTION

11

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a call provision will generally be

q,

the YTM with it

.

Higher than

Lower than

The same as

Either higher or lower, depending on the level of call premium, than

Unrelated to

QUESTION 1 1 Other things held constant, if a

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