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Mohammed is a financial analyst at GreenTech Manufacturing. He is reviewing the company's Statement of Financial Position to prepare for an upcoming audit. One of

Mohammed is a financial analyst at GreenTech Manufacturing. He is reviewing the company's Statement of Financial Position to prepare for an upcoming audit. One of his tasks is to calculate the book value of the company's fixed assets, which include a factory building and machinery. The factory building was purchased for R500000 and the machinery for R200000. Over the years, the accumulated depreciation on the building is R100000 and on the machinery is R50000. Mohammed needs to determine the current book value of these fixed assets to ensure accurate financial reporting.
Which of the following statements best describes the concept of yield to maturity (YTM)?
Select one:
The percentage of profit gained from selling a financial asset before its maturity
The rate of return received from holding a bond until its maturity date
The percentage of profit gained from selling a financial asset as it matures
The rate of return earned from investing in stocks over a specified period
The interest rate set by the SARB for short-term borrowing

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