Bond Yields and Prices

Treasury bill yields: Discount yield (d): where n is number of days to maturity; price is expressed in dollars per $100 of par value or face amount. Equivalent bond or coupon yield (i): Yield compounding: For Finite compounding. Realized yield (Effective Yield) = (l + r/m)m - 1 . where. r = stated interest rate per year, ................
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