19. Working with Bonds
IN THIS CHAPTER
Calculating Bond Principal at Maturity
Working with Zero-Coupon Bonds
A bond is a debt instrument by which companies and governments raise money by borrowing it from investors. The bond is a promise to pay back at some future date the amount borrowed and to pay interest periodically throughout the term. This chapter takes you through a few formulas and functions that enable you as an investor to work with bonds.
Glossary of Bond Terms
Before beginning, here are a few bond terms that you’ll see throughout the next few sections and that you should be familiar with: ...
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