Concept of Yield To Maturity

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Jan 11, 2008, 09:20 AM

ttownsend

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Join Date: Jan 2008

Posts: 1

Concept of Yield To Maturity

A coworker of yours was discussing her investments with a broker. Your coworker was confused because she had purchased a 10% bond but the broker kept repeating that it had a 9% yield to maturity.

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