Question: The YTM indicates: o a) The total interest earnings the bond purchaser would expect to earn O b) The difference between the issuing price and

The YTM indicates: o a) The total interest earnings the bond purchaser would expect to earn O b) The difference between the issuing price and the face value of the bond Oc) The Otal cash to be paid out every six months d) The net difference between the market rate and the coupon rate e) None of the above
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