The Yield Value of a 32nd Is the Change Needed

question 29

Multiple Choice

The yield value of a 32nd is the change needed in which one of the following to cause a bond's price to change by 1/32nd?

• A)current yield
• B)yield to maturity
• C)coupon rate
• D)call premium
• E)call date

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Definitions:

Repetitive Focus Factory

A factory designed to produce high volumes of a limited range of products, focusing on efficiency and repetitive processes.

Processing Part

The phase or component in manufacturing that involves the change or transformation of materials into final products.

Number Of Channels

Refers to the pathways or routes through which goods and services are distributed from the producer to the consumer.

Limited Queue System

A queuing model where the number of customers that can wait in line is restricted due to space or service capacity.