The Bond Calculator can be used to Price Bonds and to determine the Yield-to-Maturity and Yield-to-Call on Bonds. It works similarly to the Time Value Of Money functions of the Texas Instruments BA II Plus calculator.

**Bond Price Field**- The Price of the bond is displayed or entered in this field.**Coupon Field**- The Coupon Payment is displayed or entered in this field. For a Semiannual Coupon Bond the amount displayed or entered is the semiannual Coupon Payment.**Face Value Field**- The Face Value or Principal of the bond is displayed or entered in this field.**Yield Field**- The Bond Yield is displayed or entered in this field.**Periods Field**- The number of Periods remaining until maturity is displayed or entered in this field. For a Semiannual Coupon Bond, this represents the number of six month periods remaining until maturity,*i.e.,*the number of years remaining times two.**Compounding Field**- The value selected in this pop-up represents the compounding frequency for the Bond Yield and the frequency of the Coupon Payments,*i.e.,*whether the bond is a Semiannual or Annual Coupon Bond.**Buttons**- Press these buttons to calculate the corresponding value.**Price Button**- Press to calculate the Bond Price.**Coupon Button**- Press to calculate the Coupon Payment.**Face Value Button**- Press to calculate the Face Value.**Yield Button**- Press to calculate the Bond Yield.**Periods Button**- Press to calculate the Number of Periods remaining until Maturity.

Copy right 2002 - 2019 by Mark A. Lane, Ph.D.

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