The Expected Yield of a Bond Will Be Less Than

question 47

Multiple Choice

The expected yield of a bond will be less than its yield to maturity when [blank].

• A)market interest rates are expected to rise
• B)market interest rates are expected to fall
• C)the expected yield of a bond cannot be lower than its yield to maturity
• D)when the bond is purchased at a discount

---

Definitions:

Locus Of Control

A psychological concept that refers to individuals' belief about the extent to which the outcomes of their actions are under their own control (internal locus) or influenced by external forces (external locus).

Social Institutions

Structured systems of social order that govern the behavior and expectations of individuals within a society.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, or research.

Religion

A system of beliefs, practices, and moral codes that shapes individuals' spirituality and worship.