Calculate the price of a bond.

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Description

Function to calculate the price of a bond.

Usage

1

Details

The user inputs are as follows:
Face Value: to be entered in numbers for e.g. 1200.50
Coupon rate: percent per annum
Discount rate: percent per annum
Maturity: number of years
Note: Clicking on the '+' and '-' respectively increases and decreases the value.
Coupon Payments: chosen amongst Quarterly/Semi-annual/Annual

Value

Price of a bond.

Author(s)

S Subramanian <ssubramanian@sssihl.edu.in>

References

John C. Hull, "Options, Futures, and Other Derivatives", 8/E, Prentice Hall, 2012.

See Also

bondchange,bonddur

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