Select ALL the correct statements about bond yield. Review Later

1.The nominal yield is not always an accurate measure of the current purchasing power of the interest in a year's time

2.The yield to maturity of a bond is the amount that the company must return to the investor when it matures

3.We use the current yield to calculate the return if the bond is called before maturity

4.The yield of a bond may include interest payments, capital gain, and income from reinvesting the coupons