Appendix 3: On the Calculation of Polynomial Roots
Michael Osborne ()
A chapter in Multiple Interest Rate Analysis: Theory and Applications, 2014, pp 124-126 from Palgrave Macmillan
Abstract In the text it is noted that a 30-year bond with semi-annual payments, e.g. a US Treasury bond, has 60 coupon payments. It follows that, on the day of issue, the polynomial employed to evaluate the bond has 60 solutions for the yield to maturity.
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-37277-2_11
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().