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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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