If Its YTM Does Not Change,how Does a Bond's Cash

question 76

Essay

If its YTM does not change,how does a bond's cash price change between coupon payments?

---

Definitions:

Paranormal Researcher

An individual who investigates phenomena that cannot be explained by known natural forces or technologies.

UFO

Unidentified flying object, usually implying any apparent anomaly in the sky that is not identifiable as a known object or phenomenon.

Critical Value

A point on the test distribution that is compared to the test statistic to determine whether to reject the null hypothesis.

Curriculum

The subjects comprising a course of study in a school or college.