Urgent help required in sfm - 'ytm' formula in bond valuatio

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Dear Sir/madam,

Plz reply as to whether the 'C' in the YTM (Yield to Maturity) Formula refers to 

A)  Coupon Percentage % 

or

B) Coupon Amount Rs.

 

Please help

Replies (1)
Hi Roshan. The 'C' in the YTM formula refers to the coupon payment.
ie. as per your query, its
B) Coupon amount


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