# ytm - Time Cash Flows YTM using IRR function We are given...

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Time Cash Flows 0 \$(558.00) 9.000% 1 \$45.00 YTM calcns imply that: n in years 25 2 \$45.00 t=n wealth \$4,811.39 c=C/M 4.50% 3 \$45.00 profit \$4,253.39 M \$1,000 4 \$45.00 capital gain \$442.00 C \$45.00 5 \$45.00 \$1,125.00 And this price: 6 \$45.00 RI \$2,686.39 P(0) \$558.00 7 \$45.00 CG/Profit 10.39% 8 \$45.00 26.45% Price = P(t) 9 \$45.00 RI/Profit 63.16% 0 P(0) \$558.00 10 \$45.00 Check CG(t) 1 P(1) \$563.22 11 \$45.00 Time (t) CG(t) = P(t) - P(0) 2 P(2) \$568.91 12 \$45.00 1 \$5.22 3 P(3) \$575.11 13 \$45.00 2 \$10.91 4 P(4) \$581.87 14 \$45.00 3 \$17.11 5 P(5) \$589.23 15 \$45.00 4 \$23.87 6 P(6) \$597.26 16 \$45.00 5 \$31.23 7 P(7) \$606.01 17 \$45.00 6 \$39.26 8 P(8) \$615.55 18 \$45.00 7 \$48.01 9 P(9) \$625.95 19 \$45.00 8 \$57.55 10 P(10) \$637.28 20 \$45.00 9 \$67.95 11 P(11) \$649.64 21 \$45.00 10 \$79.28 12 P(12) \$663.10 22 \$45.00 11 \$91.64 13 P(13) \$677.78 23 \$45.00 12 \$105.10 14 P(14) \$693.78 24 \$45.00 13 \$119.78 15 P(15) \$711.22 25 \$1,045.00 14 \$135.78 16 P(16) \$730.23 15 \$153.22 17 P(17) \$750.95 16 \$172.23 18 P(18) \$773.53

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ytm - Time Cash Flows YTM using IRR function We are given...

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