A Bond's Price and Its Yield to Maturity Are Inversely

question 22

Multiple Choice

A bond's price and its yield to maturity are inversely related because

• A)discounting future payments at a higher rate reduces the present value of the payments.
• B)discounting future payments at a higher rate increases the present value of the payments.
• C)an increase in the yield to maturity will lower a bond's coupon rate and hence its price.
• D)a fall in a bond's price will lower its par value and hence its yield to maturity.

Identify the veins responsible for draining specific regions of the body.

Comprehend the structural differences in the circulatory system between humans and pigs.

Understand the adaptive circulation mechanisms in the fetus.

Recognize the path blood takes as it moves through arteries and veins in various limbs.