The yield to maturity
A)
equates a bond's price with the sum of its discounted cash flows.
B)
is the rate earned over the life of the bond.
C)
must be higher than the coupon rate.
D)
must be lower than the coupon rate.
A
Business
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Indicate whether the statement is true or false
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Goods held on consignment are
a. kept for sale on the premises of the consignor. b. included as part of no one's ending inventory. c. never owned by the consignee. d. included in the consignee's ending inventory.
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