Edward M. Kline
Abstract
One of the basic financial-analysis problems is to determine the yield rate on an investment. The yield can then be compared with yields on alternate investments to aid the investor in making a choice. The traditional approach to finding a yield is to use a trial-and-error method which requires setting up a loop for tests of successive trial solutions. This paper will present a different way of solving for yields, which does not require looping when implemented in APL. This method will also be shown to require less storage for data, less computing time, and less storage during calculations.
- M.A. Jenkins. Domino---an APL primitive function for matrix inversion---its implementation and applications, APL Quote Quad 3 4 (Feb. 1972) pp. 4--15. Google Scholar
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