A bond's yield to maturity computation assumes that all interest payments are reinvested at the same rate and also that the bond is held to maturity
Indicate whether the statement is true or false.
Answer: TRUE
Business
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Rule F allows brokers to use only standard or approved forms.
a. true b. false
Business
Which of the following statements about retirement benefits under pension plans is true?
A) Under a flat percentage of annual earnings defined benefit formula, each employee receives the same dollar benefit. B) A benefit using final pay is usually based on an employee's earnings during the last month of plan participation. C) A unit-benefit formula considers both earnings and years of service. D) Past service benefits are the result of bonuses and overtime pay during the period an employee participated in the plan.
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