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The bond equivalent yield or BEY for an investment is a calculated annual percentage yield for an investment, which may not pay out yearly. It is not to be confused with a bond's coupon rate. This allows investments with different payout frequencies to be compared.[1]

References

  1. ^ Staff, Investopedia (2003-11-25). "Bond Equivalent Yield - BEY". Investopedia. Retrieved 2017-11-30.
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