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Question
Which of the following is NOT a definition of yield to maturity?A) discount rate that equates present value of future cash flows with a bond's price.
B) investors' required rate of return on a bond investment.
C) return that an investor will earn if they buy the bond for its market price and hold it until maturity.
D) discount rate that equates present value of future cash flows with a bond's face value.
Answer
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Related questions
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