Question: The current yield will increase when a bonds: I. price increases II. price decreases III. coupon increases IV. coupon decreases a. II. and III. only
The current yield will increase when a bonds:
I. price increases II. price decreases III. coupon increases IV. coupon decreases
a. II. and III. only b. III. only c. I. and IV. only d. I. and III. only
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