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betterway betterway
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7 years ago
From a bond issuer's perspective, the IRR on a bond's cash flows is its yield to maturity (YTM); from the investor's perspective, the IRR on a bond's cash flows is the cost to maturity.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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betterway Author
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6 years ago
Thank you for providing the right answer every time
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