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2010 Feb 02
2
Yield to Maturity using R
...he answer as 9.601.   ## _____________________________________________________________   I was just trying to generalize this solution to any equation and accordingly written a code as given below.   The following input I will be reading using csv file and thus my equation will change if tenure or no_comp etc. changes. So taking into account the variable nature of the input, I am trying to write a generalized code.   ## Input   price = 101       # Price of bond tenure = 3          no_comp = 1      # no of times coupon paid in a year. coupon_rate = 0.10  # i.e. 10% face_value  = 100   # Computations...