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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BEST EXECUTION is NASD Rule 2320 The obligation of Market Makers, broker/dealers, and others to execute customer orders at the best price available at the time the trade is entered.

REVIEW EVIDENCE is information used by the accountant to provide a reasonable basis for the obtaining of limited assurance.

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