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An investor who invests in a bond when it is issued and holds it to maturity will earn the yield to maturity. Yet many investors

An investor who invests in a bond when it is issued and holds it to maturity will earn the yield to maturity. Yet many investors do not invest in a bond when it is first issued and may not hold the bond to maturity. In those cases, the investor would be focusing on the _____________________.

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holding period return.

yield to maturity.

yield to call.

None of the provided answers is correct.

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