Quiz 1: Fin 819-02

The yield to maturity of a bond can be thought of as the: A) Net present value (NPV) of the bond . B) Internal rate of return (IRR) of the bond . C) Modified internal rate of return (MIRR) of the bond . D) Payback period. E) None of the above . Answer: B. 18. Consider a bond with a face value of $1,000, a coupon rate of 0%, a yield to maturity ... ................
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