A 4% semi-annual pay bond with a maturity of 10 years was sold to yield...
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A 4% semi-annual pay bond with a maturity of 10 years was sold to yield 6%. One yea passes and interest rates remained unchanged at 6%. What will have happened to th bond's price during this period? A It will have increased. It will have decreased. B C It will have remained constant. Which of the following statements is least likely to be correct? The full price is the price that is adjusted for accrued interest. If the issuer of the bond is in default, the bond is sold without accrued interest. Accrued interest is the coupon interest earned by the buyer of the bond when the bond is held to the next coupon payment. C A 4% semi-annual pay bond with a maturity of 10 years was sold to yield 6%. One yea passes and interest rates remained unchanged at 6%. What will have happened to th bond's price during this period? A It will have increased. It will have decreased. B C It will have remained constant. Which of the following statements is least likely to be correct? The full price is the price that is adjusted for accrued interest. If the issuer of the bond is in default, the bond is sold without accrued interest. Accrued interest is the coupon interest earned by the buyer of the bond when the bond is held to the next coupon payment. C
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