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Which statement is correct? Coupon rate is total annual rate of return earned on a bond held until maturity. Yield to maturity is the dollar
Which statement is correct?
Coupon rate is total annual rate of return earned on a bond held until maturity. | ||
Yield to maturity is the dollar interest paid by the issuer. | ||
Coupon rate does not necessarily equal the yield to maturity. | ||
Price of the bond is equal to the face value of the bond. |
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