yield

Yield of a coupon-paying bond given its price.

Syntax

v = yield(settlement, maturity, rate, pr, redemption, frequency, basis)

Description

Inverse of price — solves iteratively for the yield given the price.

Example

yield('2008-02-15', '2016-11-15', 0.0575, 95.04287, 100, 2)

See also

• price — Price per $100 face value of a coupon-paying bond.
• yielddisc — Annual yield of a discounted security.
• yieldmat — Annual yield of a security paying interest at maturity.