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29-12-2017
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The __________ is the yield an individual would receive if the individual purchased the bond today and held the bond to the end of its life. ashworth colleg

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04-01-2018

yield to maturity (YTM)

YTM is the total expected rate of return on a bond that is held until it matures, provided that all payments are carried out as scheduled. YTM is also called ‘redemption yield’. YTM is essentially the internal rate of return on a bond. The formula to calculate YTM is based on its current price on the market.

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