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Which of the following statements are correct concerning yield-to-maturity (YTM)? 1. YTM considers both interest...

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Which of the following statements are correct concerning yield-to-maturity (YTM)? 1. YTM considers both interest income and price appreciation. 2. YTM assumes the bond is called at the earliest possible date. 3. YTM is a compounded rate of return. 4. YTM assumes all interest payments are reinvested at the YTM rate. O 1, 2 and 3 only O 1,3 and 4 only O 2,3 and 4 only O 1,2,3 and 4

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