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.
Term to maturity refers to the remaining life of a debt instrument. With bonds, term to maturity is the time between when the bond is issued and when it matures, known as its maturity date, at which time the issuer must redeem the bond by paying the principal or face value. Between the issue date and maturity date, the bond issuer will make coupon payments to the bond holder. BREAKING DOWN 'Term To Maturity' Bonds can be grouped into three broad categories depending on their terms to maturity: short term bonds of 1 to 5 years, intermediate term bonds of 5 to 12 years, and long term bonds of 12 to 30 years.