The Yield to Maturity

Multiple Choice

The yield to maturity:

A) that is expected will be realized any time a bond is sold.
B) will exceed the coupon rate when the bond is selling at a premium.
C) equals the current yield for all annual coupon bonds.
D) can only be realized if a bond is purchased on the issue date at par value.
E) equals both the current yield and the coupon rate for par value bonds.