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Bond's promised rate of return is also considered as

This question belongs to Commerce Financial Management
Financial Management
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Bond's promised rate of return is also considered as

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Correct Answer: Option C
Bond's promised rate of return is also considered as yield to maturity. Yield to maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures. Yield to maturity is considered a long-term bond yield but it is expressed as an annual rate.
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