Please let me know that how to calculate YTM by calculator not by Table.
use law of indices.
Example.if wanna find (1.1)^4.then.in normal calculator,take square of 1.1 and again take square of it.
Now if u want (1.1)^3.just divide my 1.1.
Pls help me to resolve below equation of YTM by using calaculater (Simple Calculator) (not Scientic calculator) & not table:-
981.05%=95/(1+YTM^1)+95/(1+YTM^2)+95/(1+YTM^3)
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