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nakungth nakungth
wrote...
Posts: 1175
Rep: 3 0
6 years ago
If the payment stream of a bond remains the same and the price of the bond goes down, the
A) effective yield is unchanged.
B) effective yield rises.
C) effective yield decreases.
D) bond is reissued to reflect the higher interest rate.
E) bond is reissued to reflect the lower interest rate.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 75 times
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Answer verified by a subject expert
boransalboransal
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Posts: 477
6 years ago
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nakungth Author
wrote...
5 years ago
A+ answer, ty
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