Jak vypočítat Bond Yield
Co je Bond Yield?
Yield to maturity (YTM) is discount rate equating bond price to present value of all future cash flows: the investor's return if held to maturity.
Průvodce krok za krokem
- 1Input bond price, coupon, par, maturity
- 2Solve discount rate equation iteratively
- 3Results show YTM percentage
Worked Examples
Vstup
Bond trading $95 (par $100), 5% coupon, 10 years to maturity
Výsledek
YTM ≈ 5.42% (higher than coupon due to discount)
Requires iteration
Common Mistakes to Avoid
- ✕Confusing YTM with current yield
- ✕Assuming YTM static (changes with market prices)
Frequently Asked Questions
Is YTM guaranteed?
No, assumes hold to maturity and reinvest coupons at YTM rate.
Jste připraveni počítat? Vyzkoušejte bezplatnou kalkulačku Bond Yield
Zkuste to sami →