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

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2. The stated yield to maturity and realized compound yield to maturity of a (default-free) zerocoupon bond will always be equal. Why?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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