Formula For Yield To Maturity
- Yield to maturity(YTM)=-1
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“Beauty, like all other qualities presented to human experience, is relative; and the definition of it becomes unmeaning and useless in proportion to its abstractness. To define beauty not in the most abstract, but in the most concrete terms possible, not to find a universal formula for it, but the formula which expresses most adequately this or that special manifestation of it, is the aim of the true student of aesthetics.”
—Walter Pater (18391894)
“I cannot give you the formula for success, but I can give you the formula for failurewhich is: Try to please everybody.”
—Herbert B. Swope (18821958)
“Like most vigorous-minded men, seeing that there was no stopping-place between dogma and negation, he preferred to accept dogma. Of all weaknesses he most disliked timed and half-hearted faith. He would rather have jumped at once to Strongs pure denial, than yield an inch to the argument that a mystery was to be paltered with because it could not be explained.”
—Henry Brooks Adams (18381918)
“[How] the young . . . can grow from the primitive to the civilized, from emotional anarchy to the disciplined freedom of maturity without losing the joy of spontaneity and the peace of self-honesty is a problem of education that no school and no culture have ever solved.”
—Leontine Young (20th century)