Study guides, Class notes & Summaries

Question 1 If a bond is purchased at a price below the face value, the yield to maturity is: greater than the stated interest rate. the same as the stated interest rate. less than the stated interest rate. zero. of no significance. Question 2 A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called: dollar cost averaging. dividend reinvestment plan. buy and hold technique. regulated transaction. secured transaction. Questi...