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 coupon rate is paid 10 days prior to the maturity date
It is incorrect because it says the coupon rate is paid on the maturity date, not before. The system gets confused when I add the 10 days part
( z1 pay :ARG1 ( z2 rate :mod ( z3 coupon ) ) :time ( z4 prior :op ( z5 date :time-of ( z6 mature ) ) :quant ( z7 temporal-quantity :quant 10 :unit ( z8 day ) ) ) )