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Which of the following are correct regarding the yield-to-maturity (YTM) on a bond? (check all that apply) Group of answer choices the YTM is the
Which of the following are correct regarding the yield-to-maturity (YTM) on a bond? (check all that apply) Group of answer choices the YTM is the IRR for the bond investment the YTM is the relevant discount rate to apply to the bond's cash flows at the time of purchase the YTM and the price are positively related, holding other terms of the bond contract fixed the YTM is the relevant discount rate for valuing a bond's remaining payment stream after purchasing the bond
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