Yield to Worst: the Lowest Yield over the Call Schedule
This lesson is part of the course
In this lesson
You compute the yield for every call date and for maturity, take the minimum as the yield to worst and find which scenario sets it.
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Lessons in this course
- Tax-Equivalent Yield: Federal Only and Federal + State Locked
- Break-Even Tax Bracket: When Does the Muni Win? Locked
- Yield to Maturity & Yield to Call with RATE Locked
- Yield to Worst: the Lowest Yield over the Call Schedule Locked
- GO vs Revenue Bonds: Debt Service Coverage from Pledged Revenues Locked
- Credit Spreads vs Ratings: Spread to the AAA Curve Locked
- Premium & Discount Munis: the De Minimis Rule (Simplified) Locked
- Muni vs Corporate vs Treasury after Tax (Chart) Locked