Solve the yield rate by the equation of value

Finds the interest rate i such that the present value of the cash flows is 0.

Usage

solve_yield(cf, t, interval = c(-0.99, 1), tol = 1e-10)

Arguments

cf

Cash flows.

t

Times.

interval

Two-length numeric vector bracketing the root.

tol

Tolerance passed to uniroot.

Value

Yield rate i.

Examples

solve_yield(c(-100, 60, 60), c(0, 1, 2), interval = c(-0.5, 1))
#> [1] 0.1306624