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In: Finance

The yield to maturity: equals both the current yield and the coupon rate for par value...

The yield to maturity:

equals both the current yield and the coupon rate for par value bonds.

will exceed the coupon rate when the bond is selling at a premium.

equals the current yield for all annual coupon bonds.

can only be realized if a bond is purchased on the issue date at par value.

that is expected will be realized any time a bond is sold.

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