• 2022-06-04
    Convertibility will cause a bond to have a higher price and a higher yield-to-maturity.
  • 内容

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      A $10,000, 8 percent coupon bond that sells for $10,000 has a yield to maturity of _________

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      The current yield goes up as the price of a bond falls.

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      When the price of a good is higher than the equilibrium price,

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      A fall in price: A: Will cause an inward shift of demand B: Will cause an outward shift of supply C: Leads to a movement along a demand curve D: Leads to a higher level of production

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      中国大学MOOC: Other things equal, the higher the price level, the higher is the real wealth of households