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Issue of debentures for consideration other than cash - class-XII
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If a 2 - year redeemable bond is purchased and held till maturity , the rate of return earned is called ______________.
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A
Yield to maturity
💡 Explanation:
Yield to maturity (YTM) is the total anticipated return on a bond if it is held until it matures. It accounts for all coupon payments and the difference between the purchase price and the face value.