Bond price calculator
Enter your values. The answer and the full worked solution update as you type.
Result
Bond price€926.40
Current yield5.397 %
Coupon payments€50.00
Step-by-step solution
Per period
C = €50.00, i = 0.06, N = 10
Present values
coupons: C·(1 − (1 + i)⁻ᴺ)/i = €368.00
face value: F/(1 + i)ᴺ = €558.39
P = €926.40
Key formulas
- Bond price
- P = C·(1 − (1 + y)−n)/y + F/(1 + y)n
- Semi-annual
- C/2, y/2 and 2n periods
- Current yield
- C/P
- Price and yield
- yield up → price down
Practise Bond pricing & yield
A calculator gives the answer. In the exam you need the method: practise it with new problems, hints and worked solutions.