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Which of the following are true regarding the yield to maturity? Indicate all that are true. The yield to maturity is fixed throughout the life

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Which of the following are true regarding the yield to maturity? Indicate all that are true. The yield to maturity is fixed throughout the life of a bond. The yield to maturity is the discount rate used to value the cash flows of the bond. A callable bond always trades based on its yield to call instead of its yield to maturity

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