yield.time {FinancialMath}

Time Weighted Yield

Description

Calculates the time weighted yield.

Usage

yield.time(cf,bal)

Arguments

cf

vector of cash flows

bal

vector of balances

Details

i^{tw}=\prod_{k=1}^n (\frac{bal_{1+k}}{bal_k+cf_k})-1

Value

The time weighted yield.

Note

Length of cash flows must be one less than the length of balances.

If lengths are equal, it will not use final cash flow.

Author(s)

Kameron Penn and Jack Schmidt

See Also

yield.dollar

Examples

yield.time(cf=c(0,200,100,50),bal=c(1000,800,1150,1550,1700))