Question: Which statement ( s ) about below is / are true? I. Bond yield changes with prevailing interest rate II . Bond yield is inversely

Which statement(s) about below is/are true?
I. Bond yield changes with prevailing interest rate
II. Bond yield is inversely related to bond price
III. CCC rated bonds always have higher yield and return than AAA rated bonds
Group of answer choices
I and II only
II only
I, II, and III
I only
II and III only

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