Bond Lab
Price and yield to maturity, then duration and convexity — and the exhibit that shows you exactly where duration alone stops telling the truth.
MIT FMF 2 · DM 3
Bonds, the time value of money and discounted cash flow — computed, then explained. Every screen prints the formula it evaluated and names the lecture it came from, so you can check it rather than trust it.
Price and yield to maturity, then duration and convexity — and the exhibit that shows you exactly where duration alone stops telling the truth.
MIT FMF 2 · DM 3
Annuities, the level payment and the full amortization schedule, with NPV and IRR — including the month your loan finally turns the corner.
MIT FMF 3–4
Free cash flow to the firm, WACC, terminal value and the equity bridge — with a sensitivity grid that shows how fragile a single valuation really is.
MIT FMF 17 · Koller 10–15
Most calculators hand you a number and stop. hedqe prints the formula it evaluated, cites the lecture it comes from, and draws an exhibit with a caption explaining what the curve actually means — why convexity matters at 200 basis points but not at 25, why a DCF near its terminal-growth asymptote should never be quoted as one number.
The mathematics is bundled with the app rather than fetched, so every lab works with the network off — on the bus, in an exam room, anywhere. Nothing you type is sent anywhere, because there is nowhere for it to go.
It is free, and it stays free. No account, no trial, no upgrade screen.
hedqe is an educational and analytical tool. Nothing in it is investment advice, a recommendation, or a solicitation. All inputs are your own; no market data is supplied.