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I need help better understanding PV, yield to maturity, coupon rate and maturity years . my course teaches how to find the answers via finance
I need help better understanding PV, yield to maturity, coupon rate and maturity years. my course teaches how to find the answers via finance calculator, but I need a betterunderstanding of them individually
for example:
if PV is 102.32, coupon is 4.5 and maturity is 30 years, the financial calculation tells me that the yield to maturity (YTM) is 4.36.
what I do not understand is the detail behind these variables and how they relate to each other with regard to finding yield to maturity or any of the other variables
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