Bond Yields & Features
Exam 2 review · 14 min read + video
Turn a bond price into YTM, YTC, current yield and capital gains yield, know which yield to expect, and read call provisions, sinking funds, zeros and ratings.
Inside this lesson · 14 min
- Why this matters
- The core idea
- The formula
- Worked example 1: a semiannual YTM
- Worked example 2: which yield to expect
- Your turn
- Calculator steps
- Common mistakes
- Quick check
- Key takeaways