A thesis statement makes a smooth connection between one main point and the next

Deposits in transit

A. have been recorded on the company's books but not yet by the bank B. have been recorded by the bank but not yet by the company C. have not been recorded by the bank or the company D. are checks from customers which have not yet been received by the company

Which of the following is NOT a definition of yield to maturity?

A) investors' required rate of return on a bond investment. B) discount rate that equates present value of future cash flows with a bond's price. C) return that an investor will earn if they buy the bond for its market price and hold it until maturity. D) discount rate that equates present value of future cash flows with a bond's face value.