Par yield
Автор: Bionic Turtle
Загружено: 2010-07-21
Просмотров: 30759
The yield (aka, yield to maturity, YTM) is the single rate that correctly prices the bond; it impounds the spot rate curve. For each coupon bond, there is a different implied yield. The PAR YIELD is the yield (YTM) for a bond that happens to price at par, and therefore is equal to this bond's coupon. So, the par yield (as a special case or particular YTM) is the coupon rate on a bond priced at par.
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке: