Describe the relationship between a bonds yield to maturity and the price paid for a bond.
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Describe the relationship between a bond’s yield to maturity and the price paid for a bond.
MaturityMaturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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If the bonds selling price is the same as its par value or principal then ...View the full answer
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