**Instructions:Â **Use this calculator to find the Yield to Maturity or YTM by entering values of coupon payment (PMT), present value (PV), and future value (FV) of a stock. Please input the desire values in the form below:

**Define yield to maturity of a bond**/security

Yield to Maturity or YTM is key ratio of fixed-income bond or security in terms of rate of return earned over the total period. YTM also known as interest rate to be received on a bond when a holder bought it and retained it till maturity.

Theoretical formula to calculate the YTM (Yield to Maturity)

P = bond / security purchase price

C = Periodical payment of the coupon

F = face value of a bond Â

N = Maturity or number of times to maturity