ptoodv 发表于 2010-5-16 02:21 
Year:10
Bond: $2000
Rate 8%
Market rate: 7%
1)
After 1 year, bond value is 2300,how about current yield ?
2)
After 5 years, the currentvalue is 2500, how about yield to maturity?
===no any ideas in maths,, i know the formula but how to apply?
1) current yield = 2000 * 8% / 2300
2) need numerically solve an equation