Bond Yields and Prices

Realized yield (Effective Yield) = (l + r/m)m - 1 . where. r = stated interest rate per year, m = number of times interest is compounded per year. For continuous compounding: Realized yield (Effective Yield) = er - 1. Yield to Call. Use the YTC when bond is likely to be called (selling at a premium) Yield based on the deferred call period ................
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