Question 14 All else equal, if a price of a bond falls, what happens to the yield-to-maturity of that bond? O Not enough
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Question 14 All else equal, if a price of a bond falls, what happens to the yield-to-maturity of that bond? O Not enough
Question 14 All else equal, if a price of a bond falls, what happens to the yield-to-maturity of that bond? O Not enough information to answer. Stays the same. Falls. O Increases. Question 15 What are possible interpretations of the discount factor d = ☐ It measures the patience of economic agents. 1+r It measures the probability of the world not ending tomorrow. ☐ It measures the preference of investors for bonds relative to stocks. 1 pts ? 1 pts