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ytm

Former userFormer user11y ago

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John MoffatJohn MoffatTutor11y ago#1
It is not a formula - it is simply discounting the interest at the different interest rates from the yield curve. If the examiner gives you the yield curve and asks for a market value then he will expect you to do this.
John MoffatJohn MoffatTutor11y ago#2
You are welcome :-)
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