Assume a discount bond has a few years until maturity and a, Financial Management

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Assume a discount bond has a few years until maturity and a

Assume a discount bond has a few years until maturity and a positive yield. All else constant, the bonds' yield to maturity is:

A) equal to the coupon rate.

B) inversely related to the bond's market price.

C) less than its coupon rate.

D) directly related to the time to maturity.

E) unrelated to the time to maturity.

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Financial Management: Assume a discount bond has a few years until maturity and a

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Financial Management: Assume a discount bond has a few years until maturity and a

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