分为货币市场工具的BEY,和资本市场的BEY。 1、货币市场的BEY,出现在LM8中,专门讲货币市场工具收益率时,计算的Bond Equivalent Yield是一年按365天算的Add-on Yield。对应的计算公式是:【(FV-PV)/PV】×365/days 2、资本市场的BEY,出现在LM7中,不同计息频率年化收益率的转换。也就是咱们这道题的考点所在。...
The formula is as follows:Bond Equivalent Yield = ((Par Value - Price) / Price) * (365 / d) * 100Remember that this is where d is days to maturity. Read Bond Equivalent Yield | Definition, Formula & Examples Lesson Recommended for You Video: Bond Risk Video: Convexity | Definition,...
债券等值收益(Bond Equivalent Yield, BEY)是金融领域中用于衡量债券投资收益的一个概念。在不同的学科背景下,BEY有着不同的定义与计算方法。首先,从数量科目角度出发,BEY被定义为半年一次的债券年化到期收益率,与一年付息一次的收益率(EAY)之间存在关联。具体而言,BEY的计算公式为:BEY = √(1...
BEY是指债券等值收益率 BEY=(票面价格 - 购买价格)/购买价格×(365/到期天数)虽然英文简称都是BEY...
U.S. Treasuries do not incur state or local taxes, but federal taxes have to be paid on the interest, so the taxable equivalent yield for Treasuries is calculated using the same formula, but only the state and local tax rate is deducted from 100%....
DefinitionFormula Home Finance TVM Bond Equivalent Yield Bond Equivalent YieldBond equivalent yield is the rate of return on a money market instrument which is calculated with reference to the purchase price of the instrument based on a 365-day year. It can be used to compare returns earned ...
同学你好,很高兴为您解答!Bond Equivalent Yield (BEY)的翻译是债券等值收益,您所说的这个词语,是属于CMA核心词汇的一个,这个词的意义如下:计算每半年、每季度、每月支付利息的折让债券的年度收益率。希望高顿网校的回答能帮助您解决问题,更多财会问题欢迎提交给高顿企业知道。高顿祝您生活愉快!
Taxable Equivalent Yield = Muni Yield 100% − Your Federal Tax Bracket % Yield-to-Maturity Approximation Formula for Bonds Approximate Yield-to-Maturity % = [Annual Interest+ (Par Value − Bond Price)/Years till Maturity] (Par Value + Bond Price)/2A more accurate calculation of yield to...
A Closer Look at the Bond Equivalent Yield Formula The bond equivalent yield formula is calculated by dividing the difference between the face value of the bond and the purchase price of the bond, by the price of the bond. That answer is then multiplied by 365 divided by "d," which repre...
同学你好,很高兴为您解答!Bond Equivalent Yield (BEY)的翻译是债券等值收益,您所说的这个词语,是属于CMA核心词汇的一个,这个词的意义如下:计算每半年、每季度、每月支付利息的折让债券的年度收益率。希望高顿网校的回答能帮助您解决问题,更多财会问题欢迎提交给高顿企业知道。高顿祝您生活愉快!