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Which of the following statement is correct? O The yield to maturity is the return earned on a bond given the cash flows actually received
Which of the following statement is correct? O The yield to maturity is the return earned on a bond given the cash flows actually received by the investor when a bond is sold at market prices before its maturity. Zero coupon bonds have no coupon payments over its life and all the accumulated coupons are paid at maturity. O Zero coupon bonds have no coupon payments over its life and only offer a single payment at maturity. O All the answers are correct. O Zero coupon bonds sell well above their par value because they offer no coupons
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