Appendix

(See Glossary of Symbols at the End)

With the aid of the following general formulae, most significant bond yield calculations can be quickly performed by standard computers.

1. The Future Value of $1 (CH 8)
The T half-year Future Value of $1@R = (1 + R)T”    ”    ”    ”    ”    ”    ”    $P@R = P (1 + R)T
2. The Present Value of $1 (CH 9)
The Present Value of $1 to beReceived in T Half Years @ R = image
The Present Value of $P to beReceived in T Half Years @ R = image
3. The Future Value of $1 Per Period (CH 10)
The T Half Years Future Value of $1 ...

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