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QUESTION
P7-30 Holding Period Yield [LO2] The YTM on a bond is the interest rate you earn on your investment if interest rates don't change.
P7-30 Holding Period Yield [LO2]The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. If you actually sell the bond before it matures, your realized return is known as the holding period yield (HPY).a.
