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November 28, 2014

November 28, 2014

Posted by **hmb** on Monday, December 22, 2008 at 7:23pm.

- Finance -
**DrBob222**, Monday, December 22, 2008 at 7:27pmHere is an equation. There may be a calculator available but I didn't see it.

http://en.wikipedia.org/wiki/Bond_valuation

- Finance -
**DrBob222**, Monday, December 22, 2008 at 7:28pmHere is a calculator. I don't know if this is exactly what you want or not. Let me know. http://www.calcxml.com/do/inv03

- Finance -
**drwls**, Monday, December 22, 2008 at 7:35pmYou want a yield to maturity of 8%, presumably because that is the current market rate for that type of bond and maturity, so that is what is "required".

Using (Broken Link Removed) and a trial and error method, I compute that a current bond price of $902 will yield 8% to maturity.

Bonds typically pay interest semiannually.

- Finance -
**hmb**, Monday, December 22, 2008 at 7:57pmThank you both very much! This should help me!

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