Bond Yield to Maturity ની ગણતરી કેવી રીતે કરવી

Bond Yield to Maturity શું છે?

Yield to Maturity (YTM) is the internal rate of return on a bond held to maturity. It's the discount rate where the present value of all future cashflows equals the bond's current price.

સૂત્ર

પગલું દ્વારા પગલું માર્ગદર્શિકા

1. 1Enter bond price, par value, coupon rate, years to maturity
2. 2Use iterative methods (Newton-Raphson) to solve for YTM
3. 3Result approximates annual return to maturity

Worked Examples

Common Mistakes to Avoid

• ✕Confusing YTM with current yield
• ✕Not assuming reinvestment of coupons