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A coupon rate of 10% (ie a yearly coupon payment of $100) and oneLet's take an example to understand how to use the formula Let us find the yieldtomaturity of a 5 year 6% coupon bond that is currently priced at $850 The calculation of YTM is shown belowThis article describes the formula syntax and usage of the YIELD function in Microsoft Excel Description Returns the yield on a security that pays periodic interest Use YIELD to calculate bond yield Syntax YIELD(settlement, maturity, rate, pr, redemption, frequency, basis) Bond Yield To Maturity Excel Formula Cells In Blue Are Course Hero How to calculate yield to maturity in excel