How do you Calculate annual and total return on corporate bonds?

March 14, 2009 by How Savings Bonds Work  
Filed under More Bonds Answers

Can you answer Jesse H’s question about Bonds?:

Doing a class project and I’m having a hard time understanding the language of investing. I need help, or a formula, on how to calculate annual and total return of a corporate bond into dollar ammount. Here is all the info. Please help! this is a foreign language to me.

Investing $15,000 in this bond.

Price: 102.90
Coupon (%): 5.700
Maturity Date: 18-May-2020
Yield to Maturity (%): 5.390
Current Yield (%): 5.540
Fitch Ratings: AAA
Coupon Payment Frequency: Semi-Annual
First Coupon Date: 18-Nov-2005
Type: Corporate
Callable: Yes

Again, any help would be amazing!! Thanks for your time!!

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