Back to Explorers

Yield to Maturity Calculator

Calculate the total expected return on a bond.

Live Calculation

YTM (Approx)

6.15

%

Live Step-by-Step Calculation

# Given Values:
Annual Coupon: 50
Face Value: 1000
Current Price: 950
Years to Maturity: 5
# Formula:
YTM = ((coupon + (face - price) / years) / ((face + price) / 2)) * 100
# Substitution:
YTM = ((50 + (1000 - 950) / 5) / ((1000 + 950) / 2)) * 100
Final Answer: 6.1538 %

How it Works

((coupon+(face−price)/years)/((face+price)/2))∗100((coupon + (face - price) / years) / ((face + price) / 2)) * 100

AI Insight

Did you know? Consistent tracking of these metrics can help identify trends over time. Try adjusting the inputs to see how sensitive the result is to each variable.

Next Steps

Explore related calculators in the finance category to get a more comprehensive view of your situation.

AI Tutor Mode

Enable AI Tutor to get step-by-step explanations for every step of the calculation.

Related Calculators

Loan Amortization
Mortgage Calculator
Savings Goal