RE: RE: RE: Bond Info Please I own that note and understand how my cost to purchase was calculated.
What I can't understand is why the yield to maturity, shown by the original poster, jumps by 12% between the 4th and 5th.
I tried using the MS Excel function and this web site https://powertools.fidelity.com/fixedincome/startYield.do all to no avail.
The July 4 yield seems correct. The July 5 yield seems incorrect.
Perhaps because the note goes "ex-dividend" between the 4th and 5th, there might be an error in the table.
Can anyone show a calculation to explain the jump?