The_________ is the annual rate of interest earned on a security purchased on a given date and held to maturity.

Question

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The yield to maturity is the annual rate of interest earned on a security purchased on a given date and held to maturity. It takes into account the current market price of the security as well as any interest payments made during its term. The yield to maturity is often used as a measure of the overall return on a bond or other fixed-income security.

The_________ Is the Annual Rate of Interest Earned on a Security