When Future Interest Rate Movements Are Known with Certainty and Bonds

question 78

Multiple Choice

When future interest rate movements are known with certainty and bonds are fairly priced,

• A) all yields-to-maturity will be the same.
• B) all bonds are sold for the same price.
• C) all bond equivalent yields will be the same.
• D) all of the above.
• E) none of the above.

---

Definitions:

Math.pow

A method in Java that raises a number to the power of another number.

String Variable

A variable that holds a sequence of characters or a text value in programming languages.

Memory Address

A unique identifier for a memory location where data can be stored or retrieved in a computer system.

Class Variables

Class variables are variables defined within a class of which a single copy exists, shared by all instances of the class.