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NACVA Exam AVA Topic 4 Question 1 Discussion

Actual exam question for NACVA's National Association of Certified Valuators and Analysts exam
Question #: 1
Topic #: 4
[All National Association of Certified Valuators and Analysts Questions]

The rate of interest that, when applied to the expected future payments on a debt security, produces a present value of the payments equal to the debt security's observed market price is called the _____________ of that security.

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Suggested Answer: B

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