Multiple Choice
If interest rates rise after a bond is issued,
1) the bond may be called
2) the firm may repurchase the bond
3) the current yield exceeds the yield to maturity
4) the current yield is less than the yield to maturity
A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4
Correct Answer:
Verified
Correct Answer:
Verified
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