Bondholder rate of return and the bond yield to maturity

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What is the relationship between a bondholder's rate of return and the bond's yield to maturity if he does not hold the bond until it matures? choose an answer below

____ The rate of return will be lower than the yield to maturity.

____ The rate of return will be higher than the yield to maturity.

____ The rate of return will equal the yield to maturity.

____ There is no predetermined relationship between the rate of return and the yield to maturity.

Reference no: EM131317077

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