The Computation for the Yield to Call (YTC) Is the Same

question 93

Multiple Choice

The computation for the yield to call (YTC) is the same as that for the yield to maturity (YTM) , except that we substitute the _____ of the bond for the maturity (par) value.

• A) market price
• B) face value
• C) call price
• D) principal value
• E) issue price

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Definitions:

Humanism

A philosophical and ethical stance emphasizing the value and agency of human beings, individually and collectively.

Social Learning Theory

A theory that suggests people can learn new behaviors and attitudes through observation, imitation, and modeling from others.

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