QUESTION 13 If If Bo is less than M then other things remain
     QUESTION 13 If If Bo is less than M, then other things remaining constant a. the value of a bond will increase over time O b. the value of a bond will decrease over time O c. the value of a bond will not change over time O d. any of the above is possible QUESTION 14 Among other things, yield to maturity O a- depends on the discount rate Ob. depends on the purchase price O C. depends on the required rate of return O d. all of the above  
  
  Solution
The value of a bond will increase over time
depends on th required rate of return

