Assertion: yield | /r/HasProperty | the irr
Facets:
value: on the bond's cash flows
type: LOCATION
value: on cash flows
type: OTHER
Source sentences:
text: The yield to maturity is the IRR on the bond's cash flows: the purchase price, the coupons received and the principal at maturity.
text: The yield to call is the IRR on the bond's cash flows, assuming it is called at the first opportunity, instead of being held till maturity.