Formula For Yield To Maturity
- Yield to maturity(YTM)=-1
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“But suppose, asks the student of the professor, we follow all your structural rules for writing, what about that something else that brings the book alive? What is the formula for that? The formula for that is not included in the curriculum.”
—Fannie Hurst (18891968)
“Every formula which expresses a law of nature is a hymn of praise to God.”
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“The important question is not, what will yield to man a few scattered pleasures, but what will render his life happy on the whole amount.”
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“The time passes so quickly during these full and active middle years that most people arrive at the end of middle age and the beginning of later maturity with surprise and a sense of having finished the journey while they were still preparing to commence it.”
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