BOND PRICING Dynamic Chart Annual Percentage Rate

Inputs
Dynamic Chart of Bond Pricing
$2,000
Rate Convention: 1 = EAR, 0 = APR 0 0
$1,800
$1,600
Annual Coupon Rate (CR) 5.0% 10
$1,400
$1,200

Bond Price
Yield to Maturity (Annualized) (y) 9.0% 18
$1,000
$800
Number of Payments / Year (NOP) 2 2
$600

Face Value (FV) $1,000 20 $400

$200
Outputs $0
Discount Rate / Period (RATE) 4.5% 0 5 Time10
To Maturity
15 (Years)
20 25 30
Coupon Payment (PMT) $25

Dynamic Chart Outputs

Time to Maturity (Years) 1 2 3 4 5 6 7
Number of Periods to Maturity 2 4 6 8 10 12 14
Bond Price of Coupon Bond $963 $928 $897 $868 $842 $818 $796
Bond Price of FV Bond $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
tage Rate

t of Bond Pricing

To
0 Maturity
15 (Years)
20 25 30

8 9 10 11 12 13 14 15 16 17 18
16 18 20 22 24 26 28 30 32 34 36
$775 $757 $740 $724 $710 $697 $685 $674 $664 $655 $647
$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
 19 20 21 22 23 24 25 26 27 28 29
38 40 42 44 46 48 50 52 54 56 58
$639 $632 $626 $620 $614 $609 $605 $601 $597 $593 $590
$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
 30
60
$587
$1,000