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#1
January 26th, 2010, 07:38 PM
posted to microsoft.public.excel.worksheet.functions
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Bond premium amortization using the constant yield method
Anyone know of a function that calculates the bond premium amortization using
the constant yield method? An example of a bond premium that would need amortizing would be: Par: 100,000 Price: 101 Bought: July 15, 2009 Maturity: June 30, 2019 Cash Paid: 101,000 Premium: 1,000 Coupon: 5% paid semi-annually, 6/30 and 12/31 Thank you 
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