What is FGN Savings Bond? - Stanbic IBTC Holdings
A PrImer for InvestIng In Bonds Interest on a new bond is called the coupon rate By the same token, you could sell your 5% bond only if you offered it at a price that produced a 6% yield for the buyer. so the price at which you could sell would be the price for which $50 represents 6%—in this case, $833.33. thus, you’d lose $142.86 if you sold. ................
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