Redemption yieldis yield required by bond holders (or market rate).
n – number of years.
MV – selling price.
MV of bond =Coupon rate*Face value/(1+yield)^1+….(1+Coupon rate)*Face value/(1+yield)^n.
Sole equasion.By trying and error, for example.
svasylenko posted on the forum topic [POLL] June 2010 Paper F7 Exam Results / Genius Hunt in the group F7 Financial Reporting: 3 years, 8 months ago
I have got 75. Unexpected. I expect near 60