The yield to maturity on a
The yield to maturity on a bond:
a. is fixed in the indenture
b. is lower for higher risk bonds
c. is the expected rate of return on the bond
d. is generally below the coupon interest rate
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the yield to maturity on a bondnbspnbsp a is fixed in the indenturenbspnbsp b is lower for higher risk bondsnbspnbsp c
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