Gross redemption yield: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
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(GRY). A measure of the return on a fixed income security. | (GRY). | ||
A measure of the return on a fixed income security. | |||
It is the interest rate which, when used to discount all remaining payments of interest and principal, without any allowance for taxes, gives a present value equal to the price. | It is the interest rate which, when used to discount all remaining payments of interest and principal, without any allowance for taxes, gives a present value equal to the price. | ||
Also known as gross yield to redemption. | Also known as gross yield to redemption. | ||
== See also == | == See also == | ||
* [[Nominal yield]] | * [[Nominal yield]] | ||
* [[Running yield]] | * [[Running yield]] | ||
Revision as of 11:33, 27 August 2013
(GRY).
A measure of the return on a fixed income security.
It is the interest rate which, when used to discount all remaining payments of interest and principal, without any allowance for taxes, gives a present value equal to the price.
Also known as gross yield to redemption.
