How to calculate an apy of a bond<br>Analyze the terms of a bond. The amount you invest is called the " face value " of the bond, while the interest rate is called the " coupon rate. " the maturity date is the date you receive repayment of the amount you invested plus the interest owed to you.
The interest rate is paid before the maturity date
( z1 pay :ARG1 ( z2 rate :mod ( z3 interest ) ) :time ( z4 before :op ( z5 date :time-of ( z6 mature ) ) ) )