Question
For yield to maturity (YTM) to be the best estimate of a bond's rate of return, which of the following conditions should apply? A. Interest
For yield to maturity (YTM) to be the best estimate of a bond's rate of return, which of the following conditions should apply?
| A. | Interest have gone up | |
| B. | The bond is priced/trading a premium to par | |
| C. | The bond is held to maturity | |
| D. | The bond is priced/trading a discount to par |
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
