Tag: formula

Heath-Jarrow-Morton Model (HJM Model)

Heath-Jarrow-Morton Model (HJM Model) What is 'Heath-Jarrow-Morton Model - HJM Model' A model that applies forward rates to an existing term structure of...

Yield To Average Life

Yield To Average Life What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted...

Years Certain Annuity

Years Certain Annuity What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number...

Harmonic Average

DefinitionIn mathematics, the harmonic mean is one of several kinds of average, and in particular one of the Pythagorean means. Typically, it is appropriate...

Yield Variance

Yield Variance What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing...

Yield To Maturity (YTM)

Yield To Maturity (YTM) What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond...

Implied Rate

Implied Rate What is an 'Implied Rate' An implied rate is an interest rate that is determined by the difference between the...

Yearly Rate Of Return Method

Yearly Rate Of Return Method What is 'Yearly Rate Of Return Method ' More commonly referred to as annual percentage rate....

Immediate Payment Annuity

Immediate Payment Annuity What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a...

IRR – Internal Rate of Return

IRR - Internal Rate of Return In order to build shareholder equity, firms carefully evaluate projects to decide which projects they should fund and...

EDITOR PICKS