Bond
Calculator
Begin
by entering the
bond's coupon
rate and maturity.
If you then enter
a price, the
calculator will
display the bond's
yield to maturity;
if you enter
a yield, the
calculator will
show you the
corresponding
price.
You
can also use
the sliders to
see the effects
of price and
yield changes.
(This is your
chance to watch
prices and yields
literally move
in opposite directions.)
Note
that prices are
written in the
standard bond
format, where
100 means face
value, 90 means
90% of face value,
and so on.
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