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- UID
- 223285
- 帖子
- 248
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2013-9-12
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| P.S. It seems that the YTM is equal to the discount rate at which the present value of all future payments would equal the present price of the bond. In other words, if you use a discount rate that does not result in the PV of all future payments being equal to the present price, then the YTM is not equal to the discount rate. Am I missing something here? |
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发表于 2011-7-13 13:17
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