If a Bond's Price Is Lower Than the Principal Amount,its

question 81

Multiple Choice

If a bond's price is lower than the principal amount,its yield to maturity will be ________ the coupon rate.

• A) less than
• B) more than
• C) equal to
• D) no relation to

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Definitions:

Work Ethic

A set of values based on the principles of discipline, hard work, and responsibility in a professional context.

Professional Identity

An individual's self-concept based on attributes, beliefs, values, motives, and experiences as a member of a profession.

Moral Obligation

A duty or commitment to act in a way that is considered morally correct by societal standards.

Frequent Praise

Regularly expressing approval or admiration to reinforce positive behavior and motivate individuals or groups.