Question: Part 1 What is a bond's yield to maturity ( YTM ) ? The difference between the coupon rate when the bond was issued and

Part1
What is a bond's yield to maturity (YTM)?
The difference between the coupon rate when the bond was issued and a Treasury bond of the same maturity.
The return an investor will earn if the bond issuer defaults before the bond matures.
The return earned by an investor that purchased the bond today and holds until maturity, assuming interest rates do not change.
The minimum return an investor will earn if they buy the bond today and hold it for one year.
The return earned by an investor that purchases the bond at issue and sells the bond today.

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