Actual yield is nothing but the profit we gain out of an investment or transaction after deducting the taxes and expenditures. Let us say you buy 100 stocks of XYZ today at $25 per stock which means...
When talking about bonds, they can be purchased at a premium or discount. Bonds have face values of of $1000 and are priced in percentages (for instance a bond may be quoted at 97.1 and if you were...