The fractional periods can be defined but the accrued interest is more difficult to calculate. Assume a bond has four years and eight months to maturity. The exponent in the yield calculations can ...

Investors can benefit significantly from knowing how to calculate bond yields ... by holding one of these securities to maturity. How bond yield works It is important to understand the ...

Perpetual bonds have no maturity date, allowing them to pay ... To understand potential returns, investors should know how to ...

This bond has an annual coupon rate (the yield paid through maturity) of 5%. Let’s also assume that the current interest rate is 7%. To calculate the modified duration for this bond, we first ...