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The current yield is a less accurate approximation of the yield to maturity the ________ the time to maturity of the bond and the ________
The current yield is a less accurate approximation of the yield to maturity the ________ the time to maturity of the bond and the ________ the price is from/to the par value.
shorter; closer | ||
shorter; farther | ||
longer; closer | ||
longer; farther |
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