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 current market price, coupon rate, and time to maturity, and is therefore a more comprehensive measure of return than the coupon rate or current yield. Present value is important in determining the value of a bond, but does not directly measure return.

Which of the Following Is Considered to Be the Most