When investors purchase bonds, they do so primarily to generate income. The expected annual rate of return is called the current yield, and it is a function of the current price and the amount of ...

If you have ever stared at a bond statement and felt the numbers blur, then you are not alone. In simple terms, the coupon rate tells you the interest cash you will receive each year. Once you see the ...

The carrying value of a bond refers to its face value, plus any unamortized premiums or minus any unamortized discounts. We can quickly calculate a bond's carrying value with only a few pieces of ...