Using the bisection method, compute the semiannual yield of a 5-year bond paying a semiannual coupon of
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Using the bisection method, compute the semiannual yield of a 5-year bond paying a semiannual coupon of \(2 \%\) per annum and trading at \(98 \%\). Start with bracketing levels of \(0 \%, 10 \%\), and stop when the result accuracy is better than \(1.0 \times 10^{-4}\).
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Related Book For
Mathematical Techniques In Finance An Introduction Wiley Finance
ISBN: 9781119838401
1st Edition
Authors: Amir Sadr
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