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Hoots : What is the Average Yield on High-Grade Corporate Bonds as of Now? I am looking to update the formula used by Benjamin Graham to calculate a stock's intrinsic value. His most recent formula can be found at http://en.wikipedia.org/wiki/Benjamin_Graham_form - freshhoot.com

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What is the Average Yield on High-Grade Corporate Bonds as of Now?
I am looking to update the formula used by Benjamin Graham to calculate a stock's intrinsic value. His most recent formula can be found at en.wikipedia.org/wiki/Benjamin_Graham_formula.

The formula contains the number 4.4, which was the average yield of high-grade corporate bonds in 1962, which was when this model was introduced.

I am trying to make the formula more relevant and updated via replacing 4.4 with the current average yield on high-grade corporate bonds.

Does anyone know what this number is, or where I can find it?

Thank you for your time. All help is greatly appreciated.


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Yahoo! Finance would list it as 3.30 for the 20 year corporate AAA bonds. This is using the criteria from the Wikipedia link you stated in the initial question.


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