Bonds yield to maturity remins constant
Consider a bond with a 10% coupon and with yield to maturity=8%. if the bond's yield to maturity remins constant, then in 1 year, will the bond price be higher, lower or unchanged? Why?
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When an organization updates its five-year plan annually in order to take into account changing conditions within the organization and in the organization's external environment, this is known as which type of plan?
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