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    Macroeconomics Understanding the Global Economy
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    Exam 16: Financial Markets: Equities and Bonds
  5. Question
    The Rate of Return That Makes the Present Discounted Value
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The Rate of Return That Makes the Present Discounted Value

Question 28

Question 28

Multiple Choice

The rate of return that makes the present discounted value of a bond's future payment stream equal to its current market price is called the


A) coupon rate
B) yield
C) par value
D) residual maturity
E) face value

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