Multiple Choice
Which of the following is false?
A) As the price paid for a bond rises, the yield declines.
B) If you purchase stock from an individual that currently owns the stock, you are buying it in the secondary market.
C) The yield on a bond is another term for the coupon rate on a bond.
D) A rating of Aaa from Moody's is the highest bond rating given by that rating agency.
Correct Answer:
Verified
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