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初级

到期收益率

未完成
初级参考 完整示例代码供参考,建议自己理解后重新输入
def solve(face_value, coupon_rate, market_price, maturity):
    coupon = face_value * coupon_rate
    ytm_low, ytm_high = 0.01, 0.5
    for _ in range(100):
        ytm = (ytm_low + ytm_high) / 2
        price = sum(coupon / (1 + ytm) ** t for t in range(1, maturity + 1))
        price += face_value / (1 + ytm) ** maturity
        if abs(price - market_price) < 0.01:
            break
        if price > market_price:
            ytm_low = ytm
        else:
            ytm_high = ytm
    return {"面值": face_value, "市场价格": market_price, "YTM": round(ytm, 4)}

示例

输入
solve(1000, 0.05, 950, 5)
期望输出
{'面值': 1000, '市场价格': 950, 'YTM': 0.0623}
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