Computing Realized Compound Yield With A Financial Calculator: A Note

Main Article Content

Ralph Terregrossa
Ronald L. Moy

Keywords

yield to maturity, realized compound yield, modified internal rate of return

Abstract

This note points out that realized compound yield (RCY) has a similar concept from capital budgeting; namely, modified internal rate of return.  Recognizing this relationship makes it easier to teach the concept and allows students to easily compute RCY using a financial calculator. 

Downloads

Download data is not yet available.
Abstract 335 | PDF Downloads 207