CFA Practice Question

There are 764 practice questions for this topic.

CFA Practice Question

In order to calculate a bond's present value, we use the ______ to discount all cash flows.
A. yield to maturity
B. current yield
C. simple yield
Explanation: The yield to maturity is the internal rate of return on the cash flows.

User Contributed Comments 0

You need to log in first to add your comment.