Bond Price Calculator
Summary
Calculates the current price of a bond based on its future cash flows discounted to present value.
Example
A bond with $50 annual coupons, 4% yield, 10 years to maturity, and $1,000 face value is priced at $1,081.11.
Explanation of Results
Bond Price is the fair value today of all future payments. PV of Coupons is the present value of all periodic interest payments. PV of Face Value is what the principal repayment is worth in today's dollars.
