To calculate the Bond Profit (\(BP\)):
\[ BP = BSP - BPP \]
Where:
Bond profit is the difference between the selling price of a bond and its purchase price. It represents the financial gain made from the investment in the bond.
Let's assume the following values:
Using the formula:
\[ BP = 1200 - 1000 = 200 \text{ dollars} \]
The Bond Profit is $200.
Let's assume the following values:
Using the formula:
\[ BP = 950 - 900 = 50 \text{ dollars} \]
The Bond Profit is $50.