Yield: Difference between revisions
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imported>Doug Williamson m (ACT Website link added 2/10/13) |
imported>Doug Williamson (Amend link title and move links.) |
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Dividend yield. | [[Dividend yield]]. | ||
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* [[Discount rate]] | * [[Discount rate]] | ||
* [[Discount yield]] | * [[Discount yield]] | ||
* [[Interest]] | * [[Interest]] | ||
* [[Interest rate]] | * [[Interest rate]] | ||
* [[Sterling commercial paper]] | * [[Sterling commercial paper]] | ||
* [[Yield spread]] | |||
* [[Yield to maturity]] | |||
==Other links== | ==Other links== | ||
[http://www.treasurers.org/node/8837 Triumph with timelines, The Treasurer, March 2013 | [http://www.treasurers.org/node/8837 Students: Triumph with timelines, The Treasurer, March 2013] | ||
Revision as of 06:55, 4 October 2013
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The rate of return on the current market value of an asset or liability, usually expressed as a percentage per annum.
For example, today’s yield to maturity of a bond measures the total return to an investor in the bond, reflecting both the interest income over the life of the bond and any capital gain (or loss) from today’s market value to the redemption amount payable at maturity.
When the market yield to maturity is applied to discount the future cashflows of the asset or liability, the net present value of all of the cashflows - including the current market purchase price - is Nil.
See also
- Credit spread
- Discount instruments
- Discount rate
- Discount yield
- Interest
- Interest rate
- Sterling commercial paper
- Yield spread
- Yield to maturity
