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Which of the Following Is the Primary Reason Why the Realized

question 111

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Which of the following is the primary reason why the realized yield on a bond differs from the yield-to-maturity?
I. Purchasing a bond at a value other than par
II. Selling prior to maturity at a value other than par
III. Having coupon payments semiannually rather than annually
IV. Reinvesting coupon payments at current market rates

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Definitions:

Mechanical Movement

The motion or action of mechanical parts or systems, often driven by motors or manual force.

Output Latch (OTL) Instruction

A command in PLC programming used to maintain an output in an energized state until it is specifically turned off by an output unlatch instruction.

Latch

A latch is a type of digital logic circuit used to store one bit of data, holding its output state until an input signal triggers a change.

Latch Outputs

Output commands in a programmable logic controller (PLC) that maintain their state until explicitly changed by another part of the program.

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