Hawawini, Gabriel and Vora, Ashok (1980): On the theoretic and numeric problems of approximating the bond yield to maturity. Published in: Engineering Economist , Vol. 25, (1980): pp. 301-325.
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Abstract
Provides approximation formulas for calculating the yield-to-maturity of a bond.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | On the theoretic and numeric problems of approximating the bond yield to maturity |
| Language: | English |
| Keywords: | Bond yield; Yield to maturity; Approximation formulas |
| Subjects: | G - Financial Economics > G1 - General Financial Markets > G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates |
| Item ID: | 44889 |
| Depositing User: | Gabriel Hawawini |
| Date Deposited: | 09 Mar 2013 15:24 |
| Last Modified: | 01 Oct 2019 08:53 |
| References: | Fisher, lawrence, "An algorithm for finding exact rates of return", Journal of Business, 39, January 1966, 111-118. Sarnat, Marshall and Haim Levy, "The relationship of rules of thumb of the internal rate of return", Journal of Finance, 24, June 1969, 479-490. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/44889 |
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