Assume a Discount Bond Has a Few Years Until Maturity

question 50

Multiple Choice

Assume a discount bond has a few years until maturity and a positive yield.All else constant,the bond's yield to maturity is

• A)directly related to the time to maturity.
• B)equal to the coupon rate.
• C)inversely related to the bond's market price.
• D)unrelated to the time to maturity.
• E)less than its coupon rate.

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