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Answer:
your brain processes ever detail in a picture rather than words for for example a picture of something words doesn't describe it as well as the picture could.
Answer:
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Explanation:
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Answer:
(A) An investor will exercise the option to put the bond if yields rise significantly
Explanation:
A put option on the bond is a mechanism to allow the buyer of the bond the ability to compel the lender to repay the principal on the bond. The put option offers the buyer of the bond the ability to collect the principal of the bond anytime they choose until maturity for any purpose.
Recall that once the price drops (that is, the yield increases), put options are exercised. If the yield significantly increased, the put choice on a municipal bond is executed.
