Estimate current yield and approximate yield to maturity for a bond.
Approximate yield to maturity
Current yield
10%
Annual coupon payment
TZS 100,000
Total coupons received
TZS 500,000
Yield to maturity is approximated using a standard formula and may differ slightly from precise present-value calculations. This does not constitute financial advice.
Mwekezaji AI
Educational answers only, not financial advice.