Mohammed is a financial analyst at GreenTech Manufacturing. He is reviewing the companys Statement of Financial Position to prepare for an upeoming oudit.

One of his tasks is to calculate the book value of the companys fixed assets, which include a factory building and machinery. The foctory building was

purchased for R$500000$ and the mochinery for R$200000.$ Over the years, the accumuloted depreciation an the bullding is R$100000$ and on the mochinery is

R$50000.$ Mohammed needs to determine the current book volue 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 percentoge of profit gained from selling a financial asset as it motures

The rate of return received from holding a bond until its maturity date

The percentoge of profit goined from selling a financial asset before its moturity

The rate of return eorned from investing in stocks over a specified period

The interest rate set by the SARB for short$-$term borrowing