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The adjusted current yield is a financial term used in reference to bonds and other fixed-interest securities. It is closely related to the concept of current yield.
The adjusted current yield is given by the current yield with addition of / Years to maturity Clean price ⋅ 100 % . {\displaystyle {\frac {/{\text{Years to maturity}}}{\text{Clean price}}}\cdot 100\%.}
Here Face value is the face value of the bond, and Clean price is the clean price of the bond.
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