Business, 07.07.2021 01:50 Alinakohshsb
Which of the following statements is INCORRECT. All else equal, 1. If a bond's yield-to-maturity (YTM, i. e., market interest rate) is greater than its coupon rate, then the bond is trading at a premium. 2. Duration measures the sensitivity of a bond's price to changes in interest rate. 3. If a bond's market value is equal to its par amount, then its YTM will be equal to its coupon rate. 4. The estimated market price of a bond is the sum of its future discounted cash flows.
Answers: 2
Business, 23.06.2019 08:30
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Business, 23.06.2019 23:50
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Which of the following statements is INCORRECT. All else equal, 1. If a bond's yield-to-maturity (YT...
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