Re: yield to maturity
- To: mathgroup at smc.vnet.net
- Subject: [mg41739] Re: yield to maturity
- From: "Tom Hardy" <tomhardy at sdc.cox.net>
- Date: Tue, 3 Jun 2003 07:13:21 -0400 (EDT)
- References: <bbf34j$q2i$1@smc.vnet.net>
- Sender: owner-wri-mathgroup at wolfram.com
FindRoot[Sum[ 45/(1+r)^t,{t,1,5}]+1000/(1+r)^5 == 913,{r,0,1}]
Out[8]=
{r -> 0.0659912}
"Jonathan Mann" <mtheory at msn.com> wrote in message
news:bbf34j$q2i$1 at smc.vnet.net...
>
> Hi group,
>
> I need to solve for r in an equation of the form:
>
> Sum[I/(1+r)^t, {t,1,n}] + M/(1+r)^n ]==P
>
> For example's sake, let's say:
>
> Solve[ Sum[ 45/(1+r)^t ,{t,1,5}] + 1000/(1+r)^5 == 913, r]
>
> This isn't working out too well. Any ideas?
>
> Thanks,
>
> Jonathan Mann
>
>