## Yield to Maturity

The yield to maturity formula is used to calculate the yield on a bond based on its current price on the market. The yield to maturity formula looks at the effective yield of a bond based on compounding as opposed to the simple yield which is found using the dividend yield formula.

## $$\frac{c+\frac{f-p}{n}}{\frac{f+p}{2}}$$

Here,c=coupon/interest payment,f=face value,p=price,n=years of maturity.

ENTER THE VARIABLES TO BE USED IN THE FORMULA