The Yield Value of a 32^nd Is the Change Needed

question 9

Multiple Choice

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

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

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Definitions:

Homogamy

The practice of people getting married to people who are similar to them.

Cohabitation

The condition in which individuals cohabit and engage in a sexual relationship without the bond of matrimony.

Compatibility

The ability of two or more systems or components to work well together or the degree to which people get along or work well together.

Serial Monogamy

The practice of engaging in a series of monogamous sexual relationships, one after the other, over a period of time.