The Yield to Maturity of a Bond Is the Discount

question 26

Multiple Choice

The yield to maturity of a bond is the discount rate that makes the present value of the coupon and principal payments:

• A) exceed the price of the bond.
• B) equal to zero.
• C) equal to the price of the bond.
• D) less than the price of the bond.

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Definitions:

Baroreceptors

Pressure-sensitive sensory neurons located mainly in the carotid sinus and aortic arch, which help regulate blood pressure.

Aortic Arch

The curved portion at the top of the aorta, which gives rise to the major arteries supplying the head, neck, and upper limbs.

Brachiocephalic Trunk

A major blood vessel that arises from the aortic arch and supplies blood to the right arm and the head and neck.

Subclavian Artery

A pair of major arteries located bilaterally, beneath the clavicle, responsible for supplying blood to the upper limbs, neck, and brain.