Why can discount yields not generally be compared to yields on other (nondiscount) securities? (LG 5-1) AppendixLO1

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Why can discount yields not generally be compared to yields on other (nondiscount) securities? (LG 5-1)

AppendixLO1

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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