Question 15 (2) The a compound rate b. yield-to-maturity e par rate d. perpetual rate Oa. Ob. O Od is the discount rate
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Question 15 (2) The a compound rate b. yield-to-maturity e par rate d. perpetual rate Oa. Ob. O Od is the discount rate
Question 15 (2) The a compound rate b. yield-to-maturity e par rate d. perpetual rate Oa. Ob. O Od is the discount rate that makes the present value of a bond's stream of promised cash payments equal to its price