How is Yield to Maturity Calculated? Yield to Maturity (YTM) represents the interest rate an investor would earn by reinvesting each coupon payment from the bond at a consistent interest rate until the bond reaches its maturity date. To determine the bond’s market price, the present value of...
债券的YTM(yield-to-maturity)是计算债券价格时,假设贴现率保持一致(即分母里)的收益率。 若票面利率大于YTM,价格高于面值;反之,低于。 YTM增加2%,使得债券价格减少的量要低于YTM减少2%使得债券价格增加的量,原因在于债券价格-收益的凸性。 票面利率低的债券,价格受YTM变化更敏感(?) 期限更长的债券,价格受YTM变化...
yield to maturity 期末收益(到期债券持有人的总收入额,以成本的百分比表示)。 n. That which is yielded; product. 产品。 The amount or quantity produced or returned. 生产量。 The capacity of yielding produce. 生产力。 idoms yield(ing) point 【理】屈服点。 cf. Yield, submit, capitulate, succum...
如果利率像去年春天一样升至4%,损失将相当于以当前收益的三倍多。 www.ecd123.com 10. The 3 key interest indicators are: Nominal Yield , Current Yield , and Yield to Maturity . 3个关键的利率指标:名义收益率,当前收益率,到期收益率。 blog.sina.com.cn 1 2 ...
If a bond is selling for a premium, this implies that the bond’s yield to maturity exceeds its coupon ratE( ) 点击查看答案手机看题 你可能感兴趣的试题 问答题 某气、液逆流的吸收塔,以清水吸收空气—A混合气中的A。总压为1大气压。已知塔底气相中含A 2.5%(摩尔分率),水中含A的浓度为2×10-5...
解题思路: 图形的意思是随着Year to maturity 的增加,利率增加,所以利率的变动和时间长短有关,这里和时间长短有关的是长短期债券,所以是在CD里选择,C项说明了随着时间的增加,利率增加. 统计:共计60人答过,平均正确率83.33% 问题:进入高顿部落发帖帮助相似...
See Also: What is a Bond Non-Investment Grade Bonds Covenant Definition of a Bond Contract Zero Coupon Bonds Financial Instruments Yield to Maturity Concept The yield to maturity (YTM) of a bond represents the annual rate of return for the full life of t
Yield to Call (YTC) is the expected return on a callable bond, assuming the bondholder redeemed the bond on the earliest call date before maturity. How to Calculate Yield to Call (YTC)? The yield to call (YTC) metric implies that a callable bond was redeemed (i.e. paid off) sooner ...
cost at which the firm’s securities were issued is the existingcost of capital. This is of no use because for any new project; it is important to see the cost of debt on marginal borrowing by the firm for undertaking the project. This can be derived by finding yield to maturity. ...
The curve can be displayed graphically, with the term to maturity located on the x-axis and the yield to maturity located on the y-axis of the graph. As a historical example to illustrate this concept, the U.S. Treasury published the following yield curve for U.S. Treasury securities on...