Calculation formula of expected annualized expected return of bond funds:
Expected annualized expected yield of bonds = (due principal and interest-issue price) ÷ (issue price × repayment period) × 100%.
As bondholders may transfer bonds during the repayment period, the expected annualized expected return of bonds can also be divided into the expected annualized expected return of bond sellers, the expected annualized expected return of bond buyers and the expected annualized expected return of bondholders. Their respective calculation formulas are as follows:
(1) Expected annualized expected rate of return of bond sellers = (selling price-issuing price+holding period interest) ÷ (issuing price × holding period) × 100%.
(2) Expected annualized expected rate of return of bond buyers = (principal and interest due and-purchase price) ÷ (purchase price × remaining term) × 100%.
(3) Expected annualized expected rate of return for the bond holding period = (selling price-buying price+holding period interest) ÷ (buying price × holding period) × 100%.
For example, someone buys 1000 yuan at the price of 1002 yuan on 1995 1, and the expected annualized interest rate is 10%, and the interest is paid once in the previous year.
Expected annualized expected return of bond buyers = _100+100×10%-102 ÷ _102×100. Expected annualized expected return of the bond seller = _ 1 02-100+/kloc-0 ×100. Some people took 120 yuan on June 65438+ 10/day.
Expected annualized expected return on bond holding period = _140-120+100×10% × 5 ÷ _120× 5×100% =
It is worth noting that the above formula does not take into account the reinvestment of the interest earned. The expected annualized expected return on reinvestment of the earned interest is included in the expected annualized expected return on bonds, and the expected annualized expected return calculated on this basis is the expected annualized expected compound interest return.