Publisher's Description
From Vinny Graphics:
This utility calculates the current market value of a bond based upon the current market rate. The accrued interest is estimated so that both the clean and dirty bond values can be presented. The inputs are par value, coupon rate, coupon payment frequency, maturity date and current market rate. The utility automatically outputs clean bond price, accrued interest and dirty bond price.
What's new in this version: Version 1.2 fixes error in accrued interest calculation.
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"Tells how much a bond is worth today."
Version: Vinny Bond Check 1.0
Pros
1-Covers coupon and zero-coupon bonds.
2-Go utility help/instructions.
3-Automatic update
4-Seams to check/correct bad entries.Cons
None works OK.
Summary
Nice way to get a quick estimate of what a bond is worth in the current market.
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