yield to maturity造句怎么写

Term structure of interest rate, which is also called the yield curve, plots a set of yield to maturity of the zero-coupon bonds with different maturities.

The price paid upfront is the present value of all the future cash-flows of coupons and principal on matu-rity, discounted at the appropriate interest rate,which is also known as the yield to maturity (YTM) of the bond.

Doing this will have a similar result to the yield to maturity when bonds are bought at premiums or discounts.

YTM [yield to maturity]

If the bond was purchased at a premium (above par), then your overall yield to maturity will be lower than your stated coupon rate.