Publication Date
5-21-1940
Abstract
A written contract to pay a certain amount of money on a specified redemption date, and to pay equal periodical dividends, is called a bond from a mathematical standpoint. The principal mentioned in the contract is its face value, or par value. The amount redeemed, or the redemption value, is denoted by C, the dividends by D, and the principal by F. A bond is redeemed at a par if C and F are the same, and at a premium if C is greater than F. The divided rate, or bond rate, is the interest rate named in the bond. The divided is the interest on the par value at the divided rate. A bond matures on its redemption date.
Degree Name
Mathematics
Level of Degree
Masters
Department Name
Mathematics & Statistics
First Committee Member (Chair)
Harold Daniel Larsen
Second Committee Member
Charles Anthony Barnhart
Third Committee Member
Cecil H. Fewell
Language
English
Document Type
Thesis
Recommended Citation
Roberts, Marvin. "New Formulae for the Determination of the Yield of a Bond." (1940). https://digitalrepository.unm.edu/math_etds/116
