Can anyone tell me what is the exact difference between Market Discount Rate and Yield-To-Maturity, based on the examples shared here? I feel they are the same here.
Thanks!
Looks the same to me too. They even say the YTM is an implied market discount rate. 
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Yeah, but then why two different terms for the same thing? I mean, how do the two situations differ? I think I am missing something here.
The way I understand it is that market discount rates can change, while YTM is a single value.