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What is the relationship between a bond investment's rate of return and its yield to maturity for an investor that does not hold a bond

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What is the relationship between a bond investment's rate of return and its yield to maturity for an investor that does not hold a bond until maturity? Rate of return is higher than yield to maturity Rate of return is higher than yield to maturity There is no predetermined relationship. It all depends on how the bond's payments change. There is no predetermined relationship. It all depends on how interest rates change in the future

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