and n is the number of compounding periods. Bond Yield As a Function of Price When a bond’s market price is above par, which is known as a premium bond, its current yield and YTM are lower than ...

Kimberly also holds a Class C private investigator license. Learn about our editorial policies Yield to maturity (YTM) is an important metric used in bond markets that describes the total rate of ...

When interest rate is an important factor to consider, the investor must understand and calculate yield to maturity while investing in debt securities. This article spotlights what is a yield to ...