extracting interest rate formula of bonds in matlab
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Hi all in bonds we have a formula that we can use for calculating bonds price
</matlabcentral/answers/uploaded_files/106775/bond.price.fix.jpg> C = coupon payment
i = interest rate, or required yield
M = value at maturity (par value)
n = number of payments
My question: Is there any program to extract the "i" formula from the main formula(picture) based on other variables(not with numbers,just with m c and other variables)?to see i=... thanks all
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Torsten
2018-3-1
It's not possible to get an analytic expression for i depending on C, M, n and P, only a solution with numbers.
Best wishes
Torsten.
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