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What is meant by yield to maturity? It is measured as the: coupon payment divided by the current price of the bond. rate that equates

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What is meant by "yield to maturity"? It is measured as the: coupon payment divided by the current price of the bond. rate that equates the bond's face value with the PV of its expected future cash flows. rate that equates the bond's current price with the PV of its expected future cash flows. coupon payment divided by the face value of the bond

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