YIELD TO MATURITY Definition

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YIELD TO MATURITY (YTM) is the rate of return the investor will earn if a bond is held to maturity.

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RESULTS FROM OPERATION is a synonym for the financial statement of a corporation: P&L, balance sheet, statement of cash flows, and sometimes a statement of owners equity. See FINANCIAL STATEMENT.

IMPAIRED GOODWILL is the recognition of the reduction in value of the intangible asset known as goodwill.

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