The Yield to Maturity on a Bond

question 30

Multiple Choice

The yield to maturity on a bond

• A) is fixed in the indenture.
• B) is lower for higher-risk bonds.
• C) is the required return on the bond.
• D) is generally equal to the coupon interest rate.

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Definitions:

Sensory Receptors

Cells or structures specialized to detect changes in the environment and convey the information to the nervous system.

Ruffini End Organ

Receptor located deep in the dermis and responding to continuous touch or pressure. Named for Italian histologist Angelo Ruffini (1864–1929).

Pacinian Corpuscle

A type of mechanoreceptor found in the skin and various internal organs that detects pressure and vibration.

Sensory Receptors

Specialized cells or structures in organisms that respond to external stimuli and send signals to the nervous system.