Which of the following statements is CORRECT Solution 1 10 y
Which of the following statements is CORRECT?
Solution
1) 10- year, zero coupon bonds have more …………………………………10% coupon bonds. FALSE 2) A 10 year, 10%...............(all else…equal) FALSE 3) The total (rate of) …….beginning of the year. TRUE 4) The price of a 20 year…….10% bond. FALSE 5) A $1000 bond………………………greater than 11%. FALSE