Why should you calculate the current yield and yield to maturity on a bond investment?
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Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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To conclude we can say that yield calculations allow ...View the full answer
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Related Book For 
Personal Finance
ISBN: 978-1259453144
6th Canadian edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
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