When the price of a coupon bond increases,
A) the coupon rate declines
B) the coupon rate increases
C) the current yield declines
D) the current yield increases
C
Economics
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If you want to purchase a new sailboat in two years for $9,000, how much would you presently need to have in your bank account to have $9,000 in two years? Assume your bank account pays 3 percent interest
A) $8,484 B) $8,613 C) $8,738 D) $8,822
Economics
Which of the following is an ultimate objective of the Federal Reserve?
A) Real GDP growth B) M1 growth C) M2 growth D) Low interest rates
Economics