According to the U.S. Census Bureau, Tuscaloosa has a total area of 70.3 square miles (182 km2), of which 60.2 square miles (156 km2) is land and 10.1 square miles (26 km2) is water. Most water within the city limits is in Lake Tuscaloosa, which is entirely in the city limits, and the Black Warrior River.
Yield to Maturity (YTM). Yield to maturity (YTM) is the rate of return expected on a bond which is held till maturity. It is essentially the internal rate of return on a bond and it equates the present value of bond future cash flows to its current market price.
Online brokerages may offer bonds with a flat commission or they may offer them on a ânet yieldâ basis. Most other dealers including specialty bond dealers will almost always offer bonds on a ânet yieldâ basis. âNet yieldâ simply means that the yield you see for any bonds already includes the dealerâs profit or mark up. For instance, if you see 3.25% yield-to-maturity offered online, the dealerâs profit is already included. There is no commission; you will receive the stated yield-to-maturity of 3.25%. Other times, an online brokerage might offer a flat commission of $10 or $25 or $50 to execute a trade. This usually means that the brokerage does not own the bonds, but is going to execute a trade on your behalf and buy the bonds from a dealer that owns the bonds.