BOND DURATION Dynamic Chart Annual Percentage Rate

Inputs 30
Dynamic Chart of Bond Duration

Rate Convention: 1 = EAR, 0 = APR 0 0 25

20

Duration (Years)
Annual Coupon Rate (CR) 5.0% 10
15
Yield to Maturity (Annualized) (y) 9.0% 18
10

Number of Payments / Year (NOP) 2 2

5

Outputs
Discount Rate / Period (RATE) 4.5% 0
0 5 10 15 20 25 30
Time To Maturity (Years)
Dynamic Chart Outputs
Time to Maturity (Years) 1 2 3 4 5 6 7 8 9
Number of Periods to Maturity 2 4 6 8 10 12 14 16 18
Duration of Coupon Bond 0.99 1.92 2.81 3.65 4.43 5.16 5.84 6.47 7.06
Duration of Zero-Coupon Bond 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00
age Rate
ration

20 25 30
Years)

10 11 12 13 14 15 16 17 18 19 20 21 22 23
20 22 24 26 28 30 32 34 36 38 40 42 44 46
7.59 8.09 8.54 8.95 9.32 9.65 9.95 10.22 10.47 10.68 10.87 11.04 11.18 11.31
10.00 11.00 12.00 13.00 14.00 15.00 16.00 17.00 18.00 19.00 20.00 21.00 22.00 23.00
 24 25 26 27 28 29 30
48 50 52 54 56 58 60
11.42 11.52 11.60 11.67 11.73 11.78 11.82
24.00 25.00 26.00 27.00 28.00 29.00 30.00