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NEW QUESTION: 1
If a bond sells at a discount:
A. its coupon rate is less than the market rate of interest.
B. its current yield is greater than its YTM.
C. its YTM will exceed its horizon yield.
D. its coupon rate is greater than its current yield.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
When a bond sells at a discount, the market rate goes above the coupon rate and the bond's price falls below par. The current yield is the coupon rate / price, so as price falls below 1000 the current yield rises above the coupon rate. The YTM considers the current yield plus the capital gain associated with the discount.

NEW QUESTION: 2
Which of the fallowing has the GREAT EST impact to the data retention policies of an organization?
A. The CIA classification matrix assigned to each piece of data
B. The level of sensitivity of the data established by the data owner
C. The technical constraints of the technology used to store the data
D. The regulatory requirements concerning the data set
Answer: A

NEW QUESTION: 3


Answer:
Explanation:

Explanation