Discount security yield calculator

This discount security yield calculator allows you to calculate the yield of discount securities such as bills, certificates of deposit, or commercial papers. Discount securities are issued and traded at a price below par until maturity. Yield is a fundamental concept in fixed-income investing, representing the total expected return an investor can anticipate if they hold a bond until its maturity date. It allows investors to compare different bonds based on the expected return and make informed investment decisions.