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The yield to maturity is the: A: rate computed by dividing the annual interest by the par value B: rate used to compute the amount
The yield to maturity is the:
A: rate computed by dividing the annual interest by the par value
B: rate used to compute the amount of each interest payment
C: rate you will earn if your bond is called on the earliest possible date
D: discount rate that equates a bond's price with the present value of the bond's future cash flow
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