1. Nicole Seaman

    YouTube T4-22: Fixed Income: Bond's full/flat price on settlement date

    The example follows Bruce Tuckman's example 1.3. The bond settles on June 1st. The previous coupon was paid on February 15th and the next coupon is paid on August 15th; so it has been 106 days since the last coupon and 75 days until the next coupon. The bond matures in about 9.21 years, and has...
  2. Nicole Seaman

    YouTube TI BA II+: How to compute bond price or yield when settlement date falls on coupon date (TIBA2-03)

    There are two ways to price a bond with the calculator: using the built-in bond worksheet, or using the time value of money (TVM) functions (i.e., N, I/Y, PV, PMT, and FV). This video shows you how to use the set of TVM to quickly find the price or yield of a bond. Notice that the approach is...