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    Principles of Managerial Finance
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    Exam 9: The Cost of Capital
  5. Question
    From a Bond Issuer's Perspective, the IRR on a Bond's
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From a Bond Issuer's Perspective, the IRR on a Bond's

Question 45

Question 45

True/False

From a bond issuer's perspective, the IRR on a bond's cash flows is its cost to maturity; from the investor's perspective, the IRR on a bond's cash flows is the yield to maturity (YTM).

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