Explain why the total return from holding a bond to maturity will be between the yield to
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Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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The yield to maturity is based upon the coupon payments and the current market value o...View the full answer
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Muhammad Umair
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