The function yieldtomaturity the interest rate rate of a bond with face value face, present value amount, maturing in maturity period and paying at a rate couponrate per period.

The coupon rate is the rate that determines the payments that the bond gives.

This function is closely related to the Finance[levelcoupon] function.

Since yieldtomaturity used to be part of the (now deprecated) finance package, for compatibility with older worksheets, this command can also be called using finance[yieldtomaturity]. However, it is recommended that you use the superseding package name, Finance, instead: Finance[yieldtomaturity].

$\mathrm{with}\left(\mathrm{Finance}\right)\:$

$\mathrm{yieldtomaturity}\left(1050.75\,1000\,\frac{0.12}{2}\,6\right)$

$0.05000132125$

$\cdot 2$

$0.1000026425$

$\mathrm{yieldtomaturity}\left(1000\,1000\,\frac{0.12}{2}\,6\right)\cdot 2$

$0.1200000000$

$\mathrm{yieldtomaturity}\left(952.33\,1000\,\frac{0.12}{2}\,6\right)\cdot 2$

$0.1400019931$

The Finance[yieldtomaturity] command was introduced in Maple 15.

For more information on Maple 15 changes, see Updates in Maple 15.