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A bond has a yield to maturity (YTM) of 9.00%. If the YTM decreases to 8.90%, then the price of the bond will_____.
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A bond has a yield to maturity (YTM) of 9.00%. If the YTM decreases to 8.90%, then the price of the bond will_____.

User Puvanarajan
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1 Answer

2 votes

Answer:

increase

Step-by-step explanation:

User NIVESH SENGAR
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