Which of the following is considered to be the most significant measure in determining the return on a bond?

Question

Quizplus · Accepted Answer

Yield to maturity takes into account the bond's current market price, the coupon rate, and the remaining time until maturity, making it the most comprehensive measure of return on a bond. Coupon rate only shows the fixed interest payment, present value may be used to determine the price of a bond but does not reflect the overall return, and current yield only considers the annual interest payment as a percentage of the bond's current market price.

Which of the Following Is Considered to Be the Most