The ________ is the annual rate of interest earned on a security purchased on a given date and held to maturity.
A) term structure
B) yield curve
C) risk-free rate
D) yield to maturity

Question

Quizplus · Accepted Answer

Yield to maturity is the annual rate of return earned on a security if held until it reaches maturity, taking into account its purchase price, coupon rate, and the time remaining until maturity.

The ________ Is the Annual Rate of Interest Earned on a Security