Series 66: Yield To Worst (YTW)

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Yield To Worst (YTW)...

the lowest potential yield that can be received on a callable or putable bond absent a default.

Since you're reading about Series 66: Yield To Worst (YTW), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!