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Which of the following describes the relationship between realized yield and the yield to maturity for bonds held to maturity: A. The yield to maturity
Which of the following describes the relationship between realized yield and the yield to maturity for bonds held to maturity:
A. The yield to maturity will be the same as the realized yield only if you purchased a zero-coupon bond
B. The yield to maturity will always be the same as the realized yield for any bond
C. The yield to maturity will always be higher than the realized yield
D. The yield to maturity will always be lower than the realized yield
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