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Infinitez Infinitez
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8 months ago
What does the yield to maturity on bonds refer to?


▸

the expected rate of return on the bonds if purchased at the current price and held to maturity



▸

the promised rate of return on the bonds if purchased at the current price and held to maturity



▸

the ratio of the annual interest payment divided by the bond’s current price



▸

the rate of return due to the interest payment plus the rate of return due to the price change

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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joshamjosham
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8 months ago
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Infinitez Author
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8 months ago
Thanks
homework1
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Yesterday
You make an excellent tutor!
alpheratz
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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