If a Bond Investor's Rate of Return for a Particular

question 32

Multiple Choice

If a bond investor's rate of return for a particular period equaled the bond's coupon rate, then during that period, the bond's price:

• A) increased.
• B) decreased.
• C) remained constant.
• D)changed, but the direction of the change is irrelevant.

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Definitions:

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Depends on or trusts in someone or something for support, help, or maintenance.

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The state of relying on or being controlled by someone or something else for support, resources, or decision-making.

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Instructions or orders given by someone in a position of power that are expected to be followed without question.

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A form of influence derived from possessing specialized knowledge or expertise.