Exam (elaborations)
FINC 3210 CH 6 Study Guide Test.
- Course
- Institution
FINC 3210 CH 6 Study Guide Test. What is a corporate bond's yield to maturity (YTM)? - CORRECT ANSWER YTM is the expected return for an investor who buys the bond today and holds it to maturity. YTM is the prevailing market interest rate for bonds with similar features. The relationship bet...
[Show more]