What is the yield to maturity why is the yield to maturity


1. What is the yield to maturity? Why is the yield to maturity a better measure of the interest rate on a bond than is the coupon rate?

2. Write an expression showing the relationship among the price of a coupon bond, the coupon payments, the face value, and the yield to maturity.

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Finance Basics: What is the yield to maturity why is the yield to maturity
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