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UPCOMING WEBINAR: Discover these new features in our live Q&A session on 19th March 1. Increased Flexibility for Your Beta Calculations What? We are soon introducing enhanced flexibility for calculating the beta per peer, allowing you to adjust key parameters to better tailor beta calculations to your specific valuation needs.
Let’s say that Target has a bond with an 8% Yield to Maturity , i.e., you earn an internal rate of return (IRR) of 8% if you buy the bond at its current market price and hold it until maturity. The Walmart bond’s YTM is still 5%, so its market price is the same. So, you long the Target bond and short the Walmart bond.
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