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BOND PRICING By Yield To Maturity Annual Percentage Rate

Bond Price By Yield To Maturity


Inputs
$1,200
Rate Convention: 1 = EAR, 0 = APR 0
Annual Coupon Rate (CR) 5.0% $1,100
Yield to Maturity (Annualized) (y) 9.0% $1,000
Number of Payments / Year (NOP) 2

Bond Price
$900
Number of Periods to Maturity (T) 8
Face Value (FV) $1,000 $800

$700
Outputs
$600
Discount Rate / Period (RATE) 4.5%
Coupon Payment (PMT) $25 $500
0.0% 5.0% 10.0% 15.0% 20.0%
Yield To Maturity
Chart Outputs
Yield to Maturity (Annualized) 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0%
Discount Rate / Period 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5%
Bond Price $1,156 $1,115 $1,075 $1,037 $1,000 $965 $931
ercentage Rate
Maturity

15.0% 20.0%
ty

8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0% 15.0% 16.0% 17.0%
4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5%
$899 $868 $838 $810 $783 $756 $731 $707 $684 $662
18.0% 19.0% 20.0%
9.0% 9.5% 10.0%
$640 $620 $600