Question: If a bond's yield to maturity does not change, the return on the bond each year will be equal to the yield to maturity. Confirm

If a bond's yield to maturity does not change, the return on the bond each year will be equal to the yield to maturity. Confirm this with a simple example of a four-year bond selling at a premium to face value. Now do the same for a four-year bond selling at a discount. For convenience, assume annual coupon payments.

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