The Current Yield and the Yield to Maturity Are Equal

question 43

True/False

The current yield and the yield to maturity are equal if the bond sells for par value.

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Definitions:

Ethics Audits

A systematic evaluation of an organization's ethics policies and procedures to ensure they are being followed and to identify areas needing improvement.

Standards

Established accepted criteria or specifications for products, services, processes, or behavior, used as a basis for comparison or judgment.

Actual Behavior

The real actions or conduct displayed by individuals, as opposed to their stated intentions or beliefs.