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| Bond Calculation | ||||
Bond Interval Setting: Term |
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| CPN | ||
PRC = – |
| RDV | n |
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| YLD/100 ) n |
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INT = 0
CST = PRC
uAnnual Yield (YLD)
YLD is calculated using Newton’s Method.
Note
•The Financial application performs annual yield (YLD) calculations using Newton’s Method, which produces approximate values whose precision can be affected by various calculation conditions. Because of this, annual yield calculation results produced by this application should be used keeping the above in mind, or results should be confirmed separately.
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