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Bonds interest calculation.
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Topic: Bonds interest calculation. (Read 5397 times)
Dr_Lion
Newbie
Posts: 8
Bonds interest calculation.
«
on:
May 18, 2014, 09:33:25 AM »
If i buy some bonds, i can see in finances that everyday at midnight i get a interest deposited in my account, i've searched de forum and found nothing.
How is that interest money calculated? lets see, if the price of a bond unity is 7.000 and the interest is 10%, how is the maths done to calculate the money to receive?
I've tried some math but i don't manage to get there..
Thanks
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Dr_Lion
Newbie
Posts: 8
Re: Bonds interest calculation.
«
Reply #1 on:
May 20, 2014, 04:25:35 AM »
I figured it out, i was forgetting to split by the number of days in a year..
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