Author Question: From a bond issuer's perspective, the IRR on a bond's cash flows is its yield to maturity (YTM); ... (Read 120 times)

lidoalex

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

Question 2

________ means that subsequent creditors agree to wait until all claims of the are senior debt satisfied before having their claims satisfied.
 
  A) Security interest
  B) Subordination
  C) Sinking fund requirement
  D) Bond indenture



frejo

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Answer to Question 1

FALSE

Answer to Question 2

B



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