| 单词 | DISCOUNT YIELD |
| 释义 | The effective YIELD of any FIXED INCOME instrument issued on a discount, rather than COUPONbearing, basis, generally computed as: where Face is FACE VALUE, P is purchase price, and nMAT is the number of days until maturity. See also BOND EQUIVALENT YIELD, SIMPLE YIELD, TAXABLE EQUIVALENT YIELD, YIELD TO CALL, YIELD TO MATURITY. |
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