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ERIC Number: EJ1056640
Record Type: Journal
Publication Date: 2011
Pages: 2
Abstractor: As Provided
ISSN: ISSN-1942-2504
Computing Realized Compound Yield with a Financial Calculator: A Note
Moy, Ronald L.; Terregrossa, Ralph
American Journal of Business Education, v4 n6 p11-14 2011
This note points out that realized compound yield (RCY) has a similar concept from capital budgeting; namely, modified internal rate of return. Recognizing this relationship makes it easier to teach the concept and allows students to easily compute RCY using a financial calculator.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A