The yield to maturity of a bond is the discount rate that makes the present value of the coupon and principal payments:
a. equal to zero.
b. exceed the price of the bond.
c. none of the answers is correct less than the price of the bond.
d. equal to the price of the bond.
Answers: 2
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The yield to maturity of a bond is the discount rate that makes the present value of the coupon and...
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