Guide to Bond Portfolio Expectations

November 30, 2024 — There are a few key mechanics to understand when investing in bonds. When purchasing a bond on the secondary market, two primary costs are involved:

1) Bond Price: The market value of the bond at the time of purchase.
2) Accrued Interest: The interest earned by the previous bondholder since the last coupon payment.

  • DATE: November 30, 2024
  • TYPE: PDF
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