Money & Bank MCQ
MB Chapter 4
The interest rate that equates the present value of payments received from a debt instrument with its value today is the
The interest rate that equates the present value of payments received from a debt instrument with its value today is the
The interest rate that equates the present value of payments received from a debt instrument with its value today is the
A) simple interest rate.
B) current yield.
C) yield to maturity.
D) real interest rate.
Answer: C
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