Which of the Following Statements Is CORRECT

question 65

Multiple Choice

Which of the following statements is CORRECT?

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

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Definitions:

Late Binding

In object-oriented programming, the process where a method call is resolved at runtime rather than compile time, enabling polymorphism.

Methods Marked

Functions within a class that have been identified or annotated for special processing or behavior, often through annotations.

Final

A keyword in many programming languages used to declare a constant value or to prevent method overriding or inheritance of a class.

Static

In programming, a keyword used to declare variables or methods that belong to the class, rather than any instance of it.