Yield to X
Overview
Yield to X refers to a set of calculations which will calculate the yield to a given date, relevant to the instrument at hand.
The process is the same for each, use
internal rate of return
to calculate the IRR of the cash flows up to the given date. In the case of a call, the call price is the price given in the call
schedule.
- Yield to Call
- Yield to First Call
- Yield to Next Call