Let's say the annual interest paid is $50. The current yield of the bond is the interest divided by the current price of the bond, which in this case is $50/$900, or 5.56%. On redemption of the bond after five years, you get the face value of $1000 for the matured bond and realize $100 in capital gain. Yield to maturity takes into account both interest and capital gain return on the bond and is calculated using the following steps. Ad.
 See You Later, Alligator  is the title of an iconic rock and roll song of the 1950s written and first recorded by Robert Charles Guidry, known as Bobby Charles. The song was a Top Ten hit for Bill Haley and the Comets in 1956 in the U.S.r. Feelgood also recorded a version based on this original in 1986. The song was also recorded by Roy Hall and Otto Bash in 1956. Wayne Gibson with the Dynamic Sounds featuring Jimmy Page on lead guitar released the song as a single in August, 1964. Freddie and the Dreamers also recorded the song in 1964.
The use of the phrase 'See you later alligator' when taking one's leave stemmed from this song. However, according to Brewer's Dictionary of Modern Phrase & Fable, 'alligator' was already a term in the 1950s for a jazz or a swing fan, as someone who 'swallowed up' everything on offer.