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Money Market Yield: What It Is and How to Calculate It
The formula for calculating MMY standardizes ... Multiplying by 360 and dividing by the number of days to maturity annualizes the yield, ensuring comparability across different securities with ...
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Yield Hunting Part 11: 7.92% YTM With WhiteHorse And Its Baby Bond WHFCL
WHFCL, WhiteHorse Finance's baby bond, is trading above par with a yield to call of 7.08% and a yield to maturity of 7.92% ... portfolio diversification formula, you may end up buying most ...