How It Works
YTM discounts equally spaced coupons plus redemption at face value to the entered price. Nominal annual YTM=period yield×coupon frequency.
Assumes no default, call, accrued interest, transaction costs or tax. Term must contain whole coupon periods.
Reference Sources
FAQs
How does this calculator work?
YTM discounts equally spaced coupons plus redemption at face value to the entered price. Nominal annual YTM=period yield×coupon frequency.
What assumptions should I check?
Assumes no default, call, accrued interest, transaction costs or tax. Term must contain whole coupon periods.