Question: Please answer the question below: A bond's yield to maturity (YTM) assumes that: I. you buy the bond at the stated price, li. all interest
Please answer the question below:

A bond's yield to maturity (YTM) assumes that: I. you buy the bond at the stated price, li. all interest payments are reinvested at the YTM rate. III. you hold the bond to maturity. IV. the bond is a pure discount bond. 1. II, III, and IV only 2. I, II, III, and IV 3. I and III only 4. I, II, and III only 5. II and IV only
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