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What is the relationship between a bondholder's rate of return and the bond's yield to maturity if he does not hold the bond until it
What is the relationship between a bondholder's rate of return and the bond's yield to maturity if he does not hold the bond until it matures? choose an answer below
____ The rate of return will be lower than the yield to maturity.
____ The rate of return will be higher than the yield to maturity.
____ The rate of return will equal the yield to maturity.
____ There is no predetermined relationship between the rate of return and the yield to maturity.
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