<-- Face
<-- Coupon %
<-- Term
<-- Redeem Val
<-- Price

##### How does the Bond Yield Rates Calculator work?
Free Bond Yield Rates Calculator - Calculates the yield rate of bonds using the Yield Approximation Method or the Bond Salesman Method.
This calculator has 5 inputs.

### What 4 formulas are used for the Bond Yield Rates Calculator?

g = Face * Coupon%/Redemption Value
k = (Price - Redemption Value)/Redemption Value
Yield Approximation Rate (i) = (g - (k/n))/(1 + (k(n + 1)/2n))
Bond Salesman Rate (i) = (g - (k/n))/(1 + 0.5k)

For more math formulas, check out our Formula Dossier
##### What 7 concepts are covered in the Bond Yield Rates Calculator?
bond
a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to repay the principal of the bond at the maturity date as well as interest over a specified amount of time.
bond yield rates
the amount a bond pays out in interest
coupon
the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.
discount
the amount by which the market price of a bond is lower than its principal amount due at maturity