The return to bondholders is guaranteed to equal the yield to maturity only if the bond is

held until maturity.

TRUE$/$FALSE

The discount rate that makes the present value of a bond's payments equal to its price is

termed the:

A$.$ holding period return.

B$.$ yield to maturity.

C$.$ current yield.

D$.$ coupon rate.

What is the yield to maturity for a bond paying $$100$ annually that has $6$ years until

maturity and sells for $$1,000?$

A$.6\mathrm{.}0\%$

B$.8\mathrm{.}5\%$

C$.10\mathrm{.}0\%$

D$.12\mathrm{.}5\%$