Advanced Bond Concepts: Formula Cheat Sheet
Below is our formula cheat sheet for bond analysis.
Actual/Actual Day Count (Nonleap year) 
Actual/Actual Day Count (Leap year) 
Bond Price 
30/360 Day Count 
Accrued Interest (AI) 
Adjusted Current Yield 
Current Yield 
Key Rate Duration 
Macaulay Duration 
Modified Duration 
Yield 
Yield to Call 
Yield to Put 
Zero Coupon Bond Price 
Advanced Bond Concepts: Conclusion
RELATED TERMS

Macaulay Duration
The weighted average term to maturity of the cash flows from ... 
Modified Duration
A formula that expresses the measurable change in the value of ... 
Empirical Duration
The calculation of a bond's duration based on historical data. ... 
Required Yield
The return a bond must offer in order to be a worthwhile investment. ... 
Effective Duration
A duration calculation for bonds with embedded options. Effective ... 
Flat Bond
A debt instrument that is sold or traded without accrued interest, ...
RELATED FAQS

Which is a better metric, modified duration or Macaulay duration?
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What is the relationship between modified duration and interest rates?
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What is the average profit margin of a company in the chemicals sector?
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How can I use a bond's duration to predict its return?
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What does the Macaulay duration indicate about a bond?
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What is the risk return tradeoff for stocks?
Learn more about the Macaulay duration, how to calculate the Macaulay duration for a bond and how the Macaulay duration is ... Read Answer >>