FASB and Gross redemption yield: Difference between pages
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(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. | |||
== See also == | == See also == | ||
* [[ | * [[Nominal 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.
