Bond Pricing Calculator
The formula used to calculate the valuation of the bond:
Price = ∑(Cn / (1+YTM)n )+ Par Value(1+YTM)n
Where:
C is the cash flow received for each intermediate payment before the par value.
YTM is the yield to maturity.
n is the number of periods to maturity.
Par value is the face value of the bond.