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Finance Department Glossary Definition (English)
Yield-to-Maturity Defined
The following is in context to Finance Department, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"Investment return which takes into account the interest rate, length of time to maturity, and price paid. It is assumed that the coupon reinvestment rate for the life of the bonds will be the same as the yield-to-maturity."
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Expert Dictionary: Yield-to-Maturity
