Make whole price of a bond
How do you calculate make whole price of a bond in excel? I understand that it's just the NPV of the bond based on a discount rate of some reference T-bill + x bps. Is it just the NPV formula with T+x as the discount rate?
How do you calculate make whole price of a bond in excel? I understand that it's just the NPV of the bond based on a discount rate of some reference T-bill + x bps. Is it just the NPV formula with T+x as the discount rate?
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Hi Incoming Analyst in Other, hope I can help. Do any of these links cover what you're looking for:
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You're welcome.
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