FRM: TI BA II+ to compute bond yield (YTM)

[cozyOST]

10 years later this video is still amazing. Fantastic teacher!

[fakename]

I paid over 100 dollars for a Pearson textbook that didn't teach me as well as this video for free. Pearson is an evil company. Keep up the 'good work'.

[shalinisharma]

Thanks a ton, David! Your videos are really really helpful.
I forgot to use negative sign for PV and as a result I kept getting the Error 5. And finally I'm feeling relieved.
Also, I am feeling grateful for those who ask such questions, nd makes it easy for us. Thanks a lot.

[candacemacpherson]

I had been another video that used P/Y and C/Y. These ended up causing issues with my results, so I re-set them to 1 again. So glad I tuned in - this is very helpful.

[montgotoygarage]

Great work! Too late to find such wonderful video after surviving my MBA 2 years ago. My financial professors didn't teach as clear or understandable as in this video.

[franceswalker]

Wow, I'm glad I turned to this video. I kept getting "Error 5" and now I figured it out. Thank you!

[Wolvofficial]

Thank you ! My college degree depends on this video haha

[SergioInzunza]

I had forgotten how to calculate cost of equity using the BA 2 calculator, thank you!

[afbarnes]

You should teach the use of the P/Y and the xP/Y keys. This will make life easier.

[yashspoken]

thank you very much indeed for making this helpful video. what helped me is to enter negative pv and pmt.

[bionicturtle]

Thanks! Right, well the practical impacts and nuances of negative yield don't really enter here: this is "merely" an internally consistent TVM (math) calculation that returns a nominal IRR. We could use =-PV(YTM = 0, n = 10, PMT = 2, FV = 100) = $120.00 to infer a $120.00 breakeven such that a price above $120 for a $100 face, 4% coupon, 5 year bond will produce a negative YTM

[alisakg]

Thank you so much for this video! I passed a second year uni paper in New Zealand thanks to you ;) got B+ which I was stoked with :) 

[nermin]

I type everything exactly the same as on video, but my result is 35, 2 :(
Something must be wrong with the setup I guess. How can I solve that?!

[carlellis]

He should really be teach users how to use the 2nd P/Y and C/Y features on the calculator to match the number of coupons per year or compounding per year. If you do that then you don't have worry about multiplying at the end to get the correct answer.

[oliviahuang]

Thank you so so so much! I feel way more confident about my finance final exam tomorrow now!

[모아이석상-ej]

Thank you so much. Im just stared how to use ba 2 plus. This video is very easy to understand it.

[ttochoosetolive]

A 7 year $10, 500 bond paying a coupon rate of
5.50% compounded semi-annually was purchased
at 98.30. Calculate the yield at the time of purchase of the bond.
THe answer given to me on my assignment was 5.80...im so confused.

[pphong]

Hi, what kind of app do you guys use to screencast the calculator?

[cherylwu]

Thank you for sharing the method!
I'm confused on a question. A 2-year Treasury bond with principal $100, price $98.39, coupon rate 6% per annum and paid semiannually.
The result given by the calculator is 3.4377. So, the yield to maturity per annum should be 6.8754%. But if I calculate this way: 3*e^(-y*0.5)+3*e^(-y*1)+3*e^(-y*1.5)+103*e^(-y*2)=98.39, the answer came out as 6.5798%. Why there is the slight difference?
Can somebody help me answer it? Thank you!

[lila]

Thank you for this video!! Very easy to understand!!! You're a lifesaver!!