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The yield to maturity on a bond A. is lower for higher risk bonds. B. is fixed in the indenture. C. is generally below the
The yield to maturity on a bond
A. | is lower for higher risk bonds. | |
B. | is fixed in the indenture. | |
C. | is generally below the coupon interest rate. | |
D. | is the required rate of return on the bond. |
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