Bond Amortization - Effective Interest

Lion24

Hello,

I am looking to see if anybody has had any success in building a workflow that would help calculate the Amortization of a bond using the effective interest method? Essentially, the flow would prompt users for inputs: Par value, Rate, period, etc. Any leads or direction would be appreciated. Thanks!

Thanks,

Lion24

danilang

Hi @Lion24 

Check out this post from @WayneWooldridge where he built amortization schedules using an iterative macro.  The details of the calculation you'll use in the actual macro will change but the overall structure should be similar

Dan