Identify the statement or statements below that accurately describe yield to maturity $($YTM$)$:

A$)$ discount rate, equates a bond's price with the present value of its future cash flows $($also called

'promised yield $\text{'}$ or 'yield'$)$

B$)$ specific application of internal rate of return $($IRR$)$

C$)$ annual rate bondholder will receive if bond held to maturity

D$)$ all of the statements above accurately describe yield to maturity $($YTM$)$