Assume a bond has been owned by four different investors during its 20-year history.Which one of the following is most likely to have been different for each of these owners?

Question

Quizplus · Accepted Answer

Yield to maturity can vary depending on the prevailing interest rates at the time of purchase, which could be different for each of the four investors. The coupon rate, coupon frequency, and par value of a bond typically remain the same throughout the life of the bond.

Assume a Bond Has Been Owned by Four Different Investors