What is yield to maturity on a bond

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Reference no: EM13331786

What is yield to maturity on a bond?

It is below the coupon rate when the bond sells at a discount, and equal to the coupon rate when the bond sells at a premium

The discount rate that will set the present value of the payments equal to the bond price

It is based on the assumption that any payments received are reinvested at the coupon rate

None of the given options.

Reference no: EM13331786

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