Question: Which of the following statement is correct? All else equal, bond price increases as the discount rate decreases If the coupon rate of a bond
Which of the following statement is correct? All else equal, bond price increases as the discount rate decreases If the coupon rate of a bond is the same as the discount rate, the bond price is greater than the par value A callable bond issuer is likely to call a bond, if there is a decrease in the market discount rate A company with a very high debt-to-equity ratio is more likely to issue an investment-grade bond than a junk bond
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