Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

YTM measures the total annual return on a bond if held till its maturity date. Calculation of YTM includes present value, market price, maturity date, and compounding periods. Limitations of YTM ...

However, YTM for an investment can be approximated rather easily by combining the coupon yield with the difference between the market price and the face value of the bond using the following formula.