Question: When a bond is priced lower or higher than its par value, the market interest rate on bonds of similar risk is not equal to

When a bond is priced lower or higher than its par value, the market interest rate on bonds of similar risk is not equal to the coupon rate of the bond.To calculate the yield to investors of the bond in consideration of the coupon payments plus the amorization of the bond discount/premium, we calculate the ________________________.

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