Realized Compound Yield (2)
{"Image DocumentName": "Realized Compound Yield (2)", "Image ImageDescription": "Realized compound yield, y. Purchase price = what you paid for the bond. Final proceeds = future value of coupon payments and reinvestment income + sale price. n = length of holding period (could be in years, half-years, quarters etc). Length of holding period. Derivation: Purchase price x (1 + y)m = Final proceeds. (1 + y)m = (Final proceeds/ Purchase price) 1 + y = (Final proceeds/ Purchase price)1/m. y = (Final proceeds/ Purchase price)1/m \u2013 1.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}