The bond equivalent yield or BEY for an
investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing i ...
is a calculated
annual percentage yield for an investment, which may not pay out yearly. It is not to be confused with a
bond's
coupon rate. This allows investments with different payout frequencies to be compared.
References
Fixed income analysis
Bond valuation
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