Question: 31 . The yield to maturity on a bond : a . is lower for higher risk bonds b . is fixed in the indenture

 31 . The yield to maturity on a bond : a

. is lower for higher risk bonds b . is fixed in

31 . The yield to maturity on a bond : a . is lower for higher risk bonds b . is fixed in the indenture C . is generally below the coupon interest rate d . is the required rate of return on the bond

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