Negative Yields to Maturity Imply That Bond Purchasers Are Better

Multiple Choice

Negative yields to maturity imply that bond purchasers are better off to hold cash. Acceptance of slightly negative yields by purchasers in recent times suggest that the

A) convenience of storing large sums is also important to decisions.
B) inflation rate is positive.
C) governments have issued too many bonds.
D) decision makers are only concerned with yields.