The yield to maturity on a bond
A) is fixed in the indenture.
B) is lower for higher risk bonds.
C) is generally below the coupon interest rate.
D) is the required rate of return on the bond.
D
Business
A) is fixed in the indenture.
B) is lower for higher risk bonds.
C) is generally below the coupon interest rate.
D) is the required rate of return on the bond.
D