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The quote below is obtained from September 30, 2015 WSJ Maturity Coupon Bid Asked Chg Asked Yield 5/31/2017 2.75 103.5938 103.6094 0.0313 0.57 Can you
The quote below is obtained from September 30, 2015 WSJ
Maturity | Coupon | Bid | Asked | Chg | Asked Yield |
5/31/2017 | 2.75 | 103.5938 | 103.6094 | 0.0313 | 0.57 |
Can you write a Python function to reproduce the Asked Yield given the information?
That is, if we input the Asked Price = 103.6094, Face value = 100, Coupon rate = 2.75 (in %), Coupon Frequency = 2, Maturity date = 5/31/2017, Settlement date = 10/01/2015, we are able to obtain Asked Yield = 0.57%.
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