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2 months ago
In which of the following situations would the yield to worst for a certain bond be that bond's yield to call?
I.The bond's coupon payments are high relative to market yields.
II.The bond price is at a discount.
III.The likelihood of the bond being called is high.


▸ I and III

▸ I only

▸ II only

▸ I and II
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Posts: 270
2 months ago
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I and III
1

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