Find out how to calculate the yield to maturity of a zero-coupon bond, and learn why this calculation is simpler than one with a bond that has a coupon.

Yield to maturity (YTM) is the annual expected return of a bond if held until maturity, also referred to as book yield.

Yield to Maturity is the estimated rate of return that an investor can expect from a bond. The value assumes that you hold the bond until maturity.

Bond Yield Curves Bond yield curve (Wendorf) Bond yields are typically graphed, with the y-axis displaying interest rates, and the x-axis displaying maturity lengths.

To calculate interest expense for the next semiannual payment, we add the amount of amortization to the bond's carrying value and multiply the new carrying value by half the yield to maturity.

Perpetual bonds have no maturity date, allowing them to pay interest indefinitely, making them appealing for long-term income. They come in different types, such as government and corporate bonds ...