Jacob Wackerhausen / Getty Images While the current yield and yield-to-maturity (YTM) formulas may be used to calculate the yield of a bond, each method has a different application—depending on ...

The formula for calculating the yield to maturity on a zero-coupon bond is ... You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

While the current yield and yield-to-maturity (YTM) formulas may be used to calculate the yield of a bond, each method has a different application—depending on an investor’s specific goals.