Quiz Ch 07 – T/F Callable Bonds and Yield to Maturity in Upward Sloping Yield Curve

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: A bond that can be called before its stated maturity carries the possibility of early redemption. Consequently, under an upward-sloping yield curve, a callable bond already in existence generally offers a lower yield to maturity than an otherwise similar noncallable bond.

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  • Search Terms: a. b. false true a an being bond bond. callable chance curve earlier has have identical if is its lower maturity maturity. noncallable of otherwise outstanding retired should sloping, stated term than that the therefore, to upward yield
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