题目内容
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[主观题]
The yield to maturity on a bond is______.A．below the coupon rate when the bond sells at a
The yield to maturity on a bond is______.
A．below the coupon rate when the bond sells at a discount, and above the coupon rate when the bond sells at a premium
B．the discount rate that set the present value of the payments equal to the bond price
C．the current yield plus the average annual capital gain rate
D．based on the assumption that any payments received are reinvested at the coupon rate
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