Monthly Archives: August 2015

Computing Bond Yield with Newton’s Method

In fixed income analysis it is often required to calculate the yield of some coupon paying instrument, for example a bond. Very simply, an yield of a bond is defined as a single rate of return. Under continuous compounding, given … Continue reading

Posted in Numerical Analysis | Tagged ,

Abstract Class vs. Interface and when to Use Both

Greetings to my blog readers! I have recently come across a puzzling code example in one book. Here is a snapshot of the code: Can you see why I was puzzled? The web is full of advice for when to … Continue reading

Posted in C# Programming | Tagged