Question: What is a bonds yield to maturity? How does the price paid for a bond affect its yield to maturity? What are municipal bonds? Why

What is a bonds yield to maturity? How does the price paid for a bond affect its yield to maturity?

What are municipal bonds? Why are they issued? Are all municipal bonds free from default risk? What characteristic makes municipal bonds especially attractive to high-income investors?

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1 Bonds Yield to Maturity YTM The yield to maturity YTM of a bond is the total return an investor can expect to receive if they hold the bond until ma... View full answer

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