6. Bond Yields (LO2, CFA4) What is the difference between a bonds promised yield and its realized...
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6. Bond Yields (LO2, CFA4) What is the difference between a bond’s promised yield and its realized yield? Which is more relevant? When we calculate a bond’s yield to maturity, which of these are we calculating?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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