Question: The yield to maturity is: Equal to the current yield for bonds priced at par. The rate that is used to determine the market price

  1. The yield to maturity is:

  1. Equal to the current yield for bonds priced at par.
  2. The rate that is used to determine the market price of the bond.
  3. The expected rate to be earned if held to maturity.
  4. The rate that equates the price of the bond with the discounted cash flows.
  5. All of the above.

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