YTM – Yield to maturity
YTM- yield to maturity is defined as that discount rate (“k d ”) at which the present value of future cash flows from a Bond equals its Market Price. Further YTM is used for bonds or debentures. Therefore, YTM is…
YTM- yield to maturity is defined as that discount rate (“k d ”) at which the present value of future cash flows from a Bond equals its Market Price. Further YTM is used for bonds or debentures. Therefore, YTM is…