Answer:
The correct answer is letter "D": can only be realized if a bond is purchased on the issue date at par valuee
Explanation:
The Yield to Maturity or YTM -also called book yield or redemption yield- is the anticipated return of a bond if the bond is held until maturity. YTM is expressed as an annual rate and it accounts for what all of the bonds' coupons future payments are worth today after present value.