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What Is Yield to Maturity

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What is yield to maturity?


Definitions:

SAT

A globally recognized college admission test that evaluates a student's readiness for college, focusing on subjects like mathematics and evidence-based reading and writing.

Norm-Referenced Test

A type of test designed to compare and rank test takers in relation to one another.

Measures of Central Tendency

Statistical metrics that describe the center point or typical value of a dataset, including mean, median, and mode.

Raw Scores

The initial, unadjusted scores obtained directly from assessments or tests, often before any standardization, scaling, or norming procedures are applied.

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