What is a bonds yield to maturity (YTM)? Briefly describe the use of a financial calculator and
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What is a bond’s yield to maturity (YTM)? Briefly describe the use of a financial calculator and the use of an Excel spreadsheet for finding YTM. Why is the YTM a good measure of the required return on a bond?
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Principles Of Managerial Finance
ISBN: 9780136945888
16th Edition
Authors: Chad J. Zutter, Scott Smart
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