Full Form of EAY
| Full Form: | Effective Annual Yield |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is EAY Full Form?
EAY is full form Effective Annual Yield
What is Effective Annual Yield?
An effective annual yield is defined as the total profit or returns on a bond that an investor receives. ... While nominal yield covers the interest rate par value that an investor receives from the bond issuer, an effective annual yield takes into account compound interest earning or compound investment returns.