Explain Why the Expected Return of a Corporate Bond Does

question 103

Essay

Explain why the expected return of a corporate bond does not equal its yield to maturity?

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Definitions:

Metastasize

To undergo metastasis, the spread of malignancy from one part of the body to another by way of the blood or lymph systems.

Mortality Rates

A measure of the number of deaths in a specified population, scaled to the size of that population per unit of time.

Cancer

A group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body, characterized by uncontrolled division of cells.

Benign Tumors

Non-cancerous growths that do not invade nearby tissues or spread to other parts of the body.