The Yield to Call Is a More Conservative Yield Measure

question 90

Multiple Choice

The yield to call is a more conservative yield measure whenever the price of a callable bond is quoted at a value

• A) Equal to or greater than par plus one year's interest.
• B) Equal to par.
• C) Equal to par less one year's interest.
• D) Less than par.
• E) Five percent over par.

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Definitions:

Political Skill

The ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance one's personal or organizational objectives.

Social Astuteness

The ability to understand and effectively navigate social interactions and environments.

Apparent Sincerity

The quality of appearing genuine, honest, and truthful in one's actions or expressions.

Political Skills

The ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance one’s personal and/or organizational objectives.