Discuss the following statement: A bond's yield to maturity is the bond's promised rate of return, which

Question:

Discuss the following statement: A bond's yield to is the bond's promised rate of return, which equals its expected rate of return.
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...