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Knowledge Base » Calculation of the IRR for Bonds Using Newton-Raphson

Calculation of the IRR for Bonds Using Newton-Raphson

Document ID: 1997-284 (previously 1997/016)
Published on: 1st August 1997
Author: John Hibbert

This note describes a method of calculating the internal rate of return on a coupon paying bond using the Newton-Raphson numerical technique, and provides VBA code for performing this calculation.

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