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If a Bond Sells for a Premium, the Current Yield

question 13

True/False

If a bond sells for a premium, the current yield exceeds the yield to maturity.


Definitions:

Suffix

A set of letters placed at the end of a word to alter its meaning or convert it into another part of speech.

Pin

A small, slender piece of metal used for securing or attaching things, or as a marker.

Suffix

A morpheme added at the end of a word to form a derivative or change its grammatical function.

Cruel

Causing pain or suffering intentionally, showing no compassion or mercy.

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