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The yield to maturity of a bond that matures in 5 years is: A the rate that equates the price of the bond with the

The yield to maturity of a bond that matures in 5 years is: A the rate that equates the price of the bond with the discounted future cash flows. B the expected rate to be earned if the bond is held for 3 years. A Only A and B Not A or B B only

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