Yield and Price Relationships
Once the price or value has been calculated, various yields - which relate the price of the bond to its coupons - can then be determined.
Read more about this topic: Bond Valuation
Famous quotes containing the words yield and/or price:
“Quarrel not at all. No man resolved to make the most of himself, can spare time for personal contention. Still less can he afford to take all the consequences, including the vitiating of his temper, and the loss of self-control. Yield larger things to which you can show no more than equal right; and yield lesser ones, though clearly your own. Better give your path to a dog, than be bitten by him in contesting for the right. Even killing the dog would not cure the bite.”
—Abraham Lincoln (1809–1865)
“A bargain is in its very essence a hostile transaction ... do not all men try to abate the price of all they buy? I contend that a bargain even between brethren is a declaration of war.”
—George Gordon Noel Byron (1788–1824)