Yield to maturity and yield to call

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Describe the differences between the yield to maturity (YTM) and the yield to call (YTC) on a bond.

Why would the return to the investor be different if a bond is called? Why?

What are bond ratings and how do they affect the ability of the firm to raise funds?

Are these ratings similar to the ratings for a country or a company?

What are the differences between common stock and preferred stock?

Reference no: EM1338584

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