A bond that is held to maturity
Select one:
a. will necessarily earn the yield to maturity at the time ofpurchase.
b. will earn the yield to maturity at the date of maturity.
c. may earn more or less that its yield to maturity at the timeof purchase because the rate at which coupons can be reinvested maychange.
d. will necessarily have a yield to maturity equal to the couponrate.
A bond that is held to maturity Select one: a. will necessarily earn the yield to maturity at the time of purchase. b. w
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