The Yield to Maturity on a Bond Is the Rate

question 66

Multiple Choice

The yield to maturity on a bond is the rate:

• A)computed as annual interest divided by the bond's market price.
• B)an investor earns if the bond is sold prior to the maturity date.
• C)of annual interest initially offered when the bond was issued.
• D)of return currently required by the market.
• E)of annual interest paid on the bond.

---

Definitions:

Mastery Goals

Objectives focused on developing competence or mastering a skill rather than on external outcomes.

Predicting Happiness

The process of forecasting one's future emotional state of well-being and contentment.

Predicting Miserable

The act of forecasting or expecting a state of extreme unhappiness or discomfort.

Approach-Approach Conflict

A psychological conflict that occurs when an individual must choose between two desirable outcomes or goals.