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What is the difference between the yield-to-maturity (YTM) and the realized compound yield (RCY)? O The YTM considers only coupon payments, whereas, the RCY includes
What is the difference between the yield-to-maturity (YTM) and the realized compound yield (RCY)? O The YTM considers only coupon payments, whereas, the RCY includes all the bond's cash flows. O The RCY is the actual return, whereas, the YTM is the expected return at the beginning of the investment. O They are actually the same concept. O The YTM is the actual return, whereas, the RCY is the expected return at the beginning of the investment Question 9 1 pts Which of the following bonds will be most sensitive to changes in market interest rates? OA bond with a 6 percent semiannual coupon and 6 years to maturity A bond with an 8 percent semiannual coupon and 8 years to maturity A bond with an 8 percent semiannual coupon and 6 years to maturity A bond with a 6 percent semiannual coupon and 8 years to maturity
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