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Be sure to check out the hobbyist sections of our site. We're in the process of rolling out sections on photography and everyday gadgets. We don't focus on the cutting edge, new technologies -- we're focusing on how to use new technologies in everyday life.
Gadgets
every day uses for new and old technologies.
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Bond Pricing
The current price of a bond equals the present value of all future interest payments and the present value of the principal repayment received when the bond matures.
When the sale price of a bond is below its face value, the bond has been discounted. A bond can sell below its face value in order to be competitive with rates of return of comparable bonds. A premium bond sells at a price greater than its face value. This situation can occur if the market interest rate falls below the interest rate stated on the bond.
There are two components to consider when pricing a bond. First you must discount all of the interest payments to the present. The second component is to discount the repayment of the principal to the present. The formula for calculating the price of a bond is:
Interest Portion = Sum of all years [ Annual Interest / (1 + interest rate)^ period number
Principal Potion = Face / ( 1 + interest rate)^life
Price = Interest Portion + Principal Portion
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If you're looking for information on the the FinPlan Divorce Planner (from the other FinPlan company), please continue on to http://www.divorceplanner.com.
Note - FinPlan.com does not offer any information regarding this program nor does it have any relationship with the company offering the software. This link is provided as a service only.
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FinPlan.com offers several online tools and calculators as well as some software programs from FinPlan, Inc. FinPlan started developing software in the 1980s developing 10 programs covering several personal finance topics.
Family Retirement Planner
The FinPlan Family Retirement Planner provides an excellent high-level retirement planning model to help you determine your retirement planning needs which will allow you to develop a strategy to get there.
Financial Toolkit
The FinPlan Financial Toolkit provides a variety of financial tools designed to help you answer many questions on personal finance.
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