Bond Calculation
15-10 Bond Calculation
Bond Calculation lets you calculate the purchase price or the annual yield of a bond.
Bond Calculation FieldsThe following fields appear on the Bond Calculation page.
Field | Description |
d1 | Month |
d2 | Month |
N | Number of periods |
RDV | Redemption value |
CPN | Annual coupon rate |
PRC | Price of bond |
YLD | Yield to maturity (as a percent) |
INT | Interest accumulated during partial year portion of investment period |
Cost | Cost of bond (price plus partial year interest) |
Financial Application Default Setup for Examples
You can use the [Format] tab to change the following settings.
Days in Year: 360 days
Compounding Frequency:
Bond Interval: Date
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