Finance R Us equips you, the analyst, with the arsenal of tools required to make sound investment decisions. A range of products are at offer at Finance R Us ranging from study guides, financial tables, financial calculators and Excel add-ons that act as DSS - decision support system.
Most bonds issued pay periodic interest payments, those of the bonds that are issued in the U.S. make two interest payments per year whereas most bonds issued in Europe make only a single annual interest payment. When bonds are issued at par, the coupon rate and the YTM - yield to maturity is the same. If the coupon rate is lower than the interest rates the bond is issued at a discount, when the interest rates are lower than the coupon rate the bond is issued at a premium. Finding the coupon rate is possible by rearranging the bond price equations which happens to be the sum of discounted interest payments and the discounted par value. This coupon rate calculator accepts the par value, market price of the bond, yield to maturity and the remaining years to maturity to find the coupon rate. It returns a detailed solution showing you all the steps that were taken to find the coupon rate however if you are only interested in knowing only the coupon rate then have a look at some of the tools that are listed below.