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Circle the Letter That Corresponus lu lue L. 1. An investor's return on the bond is most likely not equal to the yield to maturity
Circle the Letter That Corresponus lu lue L. 1. An investor's return on the bond is most likely not equal to the yield to maturity on the bond. Which of the following is not the factor that causes such a discrepancy? a. The probability of default on the bond. b. The future interest rate on the bond. c. The coupon size on the bond. d. The callable feature on the bond. the same)
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