Why do I have to look up the definition of bond yield every single time?
It's the USB connector of finance definitions. You're going to apply it wrong the first time.
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Just don't try and calculate it, it's harder than it looks
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The actual calculation seems fairly simple. It's the concept that is confusing.
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Starts simple, get complicated quickly iirc banks used to hire real rocket scientists to calculate yields and they fiercely guarded their methods.
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