calculate_bond_price
Calculate bond price using face value, coupon rate, yield rate, and maturity period to determine current market value for investment analysis.
Instructions
Calculate bond price given yield and terms
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| couponRate | Yes | Annual coupon rate as decimal | |
| faceValue | Yes | ||
| frequency | No | Coupon payments per year | |
| years | Yes | ||
| yieldRate | Yes | Required yield as decimal |
Input Schema (JSON Schema)
{
"properties": {
"couponRate": {
"description": "Annual coupon rate as decimal",
"type": "number"
},
"faceValue": {
"type": "number"
},
"frequency": {
"default": 2,
"description": "Coupon payments per year",
"type": "number"
},
"years": {
"type": "number"
},
"yieldRate": {
"description": "Required yield as decimal",
"type": "number"
}
},
"required": [
"faceValue",
"couponRate",
"yieldRate",
"years"
],
"type": "object"
}