What is Yield-to-Maturity?

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The annualized total return that a bond offers new buyers - assuming that the bond never defaults.

The annualized interest rate that a bond pays out each year (as a percentage of its current price) if it does not default.

The interest that a bond pays each year as a percentage of its face value rather than its current market price.

A measure of the amount of interest rate risk (also known as price risk) that a bond has.

A measure of the amount of reinvestment rate risk that a bond has.