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What does the yield to maturity ( YTM ) of a bond represent? The total return anticipated on a bond if held until it matures
What does the yield to maturity YTM of a bond represent?
The total return anticipated on a bond if held until it matures
The current yield plus the average annual capital gain
The coupon rate divided by the market price of the bond
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
6th Edition
1259922316, 9781259922312
