#### 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