For Hobbyists & Makers · Bond Pricing
Bond Pricing for an insurance premium
Built for hobbyists & makers exploring it for fun. Play with real physics and math, no license and no setup — just open and tinker. Simulate an insurance premium live below — adjust the inputs and watch it respond, right in your browser.
Bond Pricing & DurationLive
price · yield · interest-rate risk
Controls
Presets
A bond's price is the present value of its coupons and face value, discounted at the yield. Price moves inversely to yield along a convex curve. Duration measures that sensitivity — a modified duration of 8 means roughly an 8% price drop per 1% rise in yield. Educational tool, not investment advice.
Data Inspector
Price$1081.76
Premium/discountpremium
Macaulay duration8.08 yr
Modified duration7.92
Governing equation
Reading this result: The coupon beats the 4.0% yield, so the bond sells at a premium — about 8.2% over par — and its 7.9 modified duration is the % price drop per +1% yield.
Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.
More with Bond Pricing
Frequently asked questions
- Is this good for hobbyists & makers?
- Yes — this version of "Bond Pricing for an insurance premium" is framed for hobbyists & makers exploring it for fun. Play with real physics and math, no license and no setup — just open and tinker.
- Do I need to install anything?
- No. It runs in any modern browser, free, with no account required.