A bond grants its holder the option to sell the bond back to the issuer at a fixed price at a fixed date prior to the bond’s maturity. When evaluating the bond’s value, the company should calculate the bond’s _____.
A bond grants its holder the option to sell the bond back to the issuer
at a fixed price at a fixed date prior to the bond’s maturity. When evaluating the bond’s value, the company should calculate the bond’s _____.
options:
yield to discount.
yield to worst.
yield to call.
yield to put.
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