The stated yield to maturity and realized compound yield to maturity of a (default-free) zero-coupon bond will

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

zero-coupon bond will always be equal. Why?

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

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

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