Safe to assume “yield” means yield to maturity?
Yield generally means let the other traffic go first.
Or YTM.
Of course, it could mean HPY, or YTC, or YTP, or BDY, or MMY, or a host of other silly things.
Expect that on the real exam they’ll make it clear which yield they mean. The purpose of the exam most certainly isn’t to determine whether you know which yield yield means.