The first step in selecting which bond to invest in is to look for the highest yield to maturity.

Question

Quizplus · Accepted Answer

While yield to maturity is an important factor to consider when selecting a bond, it should not be the only factor. Other important factors to consider include the credit rating of the issuer, the duration of the bond, and the overall value of the investment. Additionally, a high yield to maturity may indicate a higher level of risk, so it's important to carefully evaluate all aspects of the investment before making a decision.

The First Step in Selecting Which Bond to Invest in Is