Bond Valuation
As quoted from wikipedia, bond valuation is the process of determining the fair price of a bond. As with any security or capital investment, the theoretical fair value of a bond is the present value of the stream of cash flows it is expected to generate. Hence, the value of a bond is determined by discounting the bond’s expected cash flows to the present using the appropriate discount rate.
This bond value calculator is created using microsoft excel built-in formula to calculate bond values, yield-to-maturity and duration of those bonds.
Author : Bob Johnston
