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15-10 Bond Calculation
Bond Calculation lets you calculate the purchase price or the annual yield of a bond.
Bond Calculation Field
The following fields appear on the Bond Calculation page.
Field
d1
Month (1-12); Day (1-31); Year (1902-2097)
d2
Month (1-12); Day (1-31); Year (1902-2097)
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 Example
You can use the [Format] tab to change the following settings.
Days in Year: 360 days
Compounding Frequency: Semi-annual
Bond Interval: Date
15-10-1
Bond Calculation
De cription
20060301
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