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Business, 04.04.2020 05:23 25627mack

18. The yield to maturity on a bond is . a. supposed to be the annualized holding period return if an investor holds the bond to the maturity date. b. the discount rate that will set the PV of the payments equal to the market price of the bond c. based on the assumption that any coupon payments received are reinvested at the coupon rate d. All of the above options are correct. e. None of the above options is correct.

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