The value of a bond can be calculated several different ways, depending on the investor's objectives.Conservative, income-oriented bondholders will typically use
A) promised yield, whereas aggressive bond traders are likely to use expected return.
B) expected return, whereas aggressive bond traders are likely to use promised yield.
C) realized yield, whereas aggressive bond traders are likely to use holding period return.
D) holding period return, whereas aggressive bond traders are likely to use realized yield.
Correct Answer:
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