The stated yield to maturity and realized compound yield to maturity of a (default-free) zerocoupon bond are

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The stated yield to maturity and realized compound yield to maturity of a (default-free) zerocoupon bond are always equal. Why?  P-8599

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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