Which of the Following Statements Is CORRECT

question 65

Multiple Choice

Which of the following statements is CORRECT?

• A) A zero coupon bond's current yield is equal to its yield to maturity.
• B) If a bond's yield to maturity exceeds its coupon rate,the bond will sell at par.
• C) All else equal,if a bond's yield to maturity increases,its price will fall.
• D) If a bond's yield to maturity exceeds its coupon rate,the bond will sell at a premium over par.
• E) All else equal,if a bond's yield to maturity increases,its current yield will fall.

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Definitions:

Equal Pay Act

Legislation aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.

Basis of Sex

A legal phrase concerning discrimination or differential treatment based on an individual's gender.

Affirmative Action

Policies or practices aimed at increasing opportunities for historically underrepresented groups in areas such as employment and education.