PDF Personal Finance, 6e (Madura) Chapter 16 Investing in Bonds

35) If a bond's value rises above its face value during its life, interest rates have A) increased. B) decreased. C) stayed the same. D) there is no relationship between bond prices and interest rates. Answer: B Diff: 1 Question Status: Previous edition 36) The current yield on a $1,000 par value bond worth $900 and a coupon rate of 10% is ................
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