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The Yield to Maturity for a Bond

Question 6

Multiple Choice

The yield to maturity for a bond:


A) like the current yield takes into account only the interest income payable on the bond.
B) is calculated in the same way as the IRR for a capital budgeting project.
C) will always be greater than the yield to call since the time horizon is longer.
D) does not take into account the reinvestment of interest income from the bond.

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