Asked yields can be guaranteed only to investors who buy a bond and hold it until maturity.

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Quizplus · Accepted Answer

This statement is true because the yield promised by a bond is based on the interest rate and face value, which remain fixed until maturity. However, if an investor sells the bond before maturity, they may receive a different price for the bond than what they paid, resulting in a different yield. Therefore, the guaranteed yield applies only to those who hold the bond until maturity.

Asked Yields Can Be Guaranteed Only to Investors Who Buy