Finding a bond's yield-to-maturity is the same as finding its

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Yield-to-maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures. It is a measure of the bond's profitability, and is calculated by taking into account the bond's current market price, the face value of the bond, the number of years to maturity, and the coupon rate paid by the bond. The formula for yield-to-maturity is a complex equation that requires trial and error or more often the use of specialized software or spreadsheet programs. IRR or internal rate of return is a calculation used primarily for evaluating investments rather than bonds. NPV or net present value is another way of measuring an investment's profitability while PI or profitability index shows the relationship between the costs and benefits of an investment. Therefore, the choice is (C).

Finding a Bond's Yield-To-Maturity Is the Same as Finding Its