When calculating spot yield
For example three years there is redemption plus interest
105 (1+r)^-3. 88.65
The answer is 5.8%
When I do it on calculator I can't solve this equation for r .
Would you please rearrange this ..in a way I get r = 5.8 %
Thank u
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Spot yield
8y ago#1(1+r)^-3 is another way of writing 1/((1+r)^3)
Now you should be able to get the answer :-)
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