Question
1. The most common measure of return on a callable bond would be its (a) current yield. (b) return on average investment. (c) yield-to-maturity. (d)
1. The most common measure of return on a callable bond would be its
(a) current yield. (b) return on average investment. (c) yield-to-maturity. (d) coupon yield. (e) yield-to-call.
2. The yield-to-maturity for corporate bonds is typically done by assuming that compounding is:
(a) semi-annual. (b) monthly. (c) annually. (d) quarterly (e) continuous.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
