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A yield to maturity (YTM) is all of the following EXCEPT a rate of return over the asset's remaining life. a measure used for bonds.
- A yield to maturity (YTM) is all of the following EXCEPT
- a rate of return over the asset's remaining life.
- a measure used for bonds.
- it is based on the asset's market price at the date the measure is taken.
- an after-tax cost.
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BondsA Concise Guide For Investors
Authors: M. Choudhry
2nd Edition
0230006493, 9780230006492
