U.S. Savings Bonds
If you buy a bond below par, you can expect to realize a capital gain when the bond matures; similarly, if you bought the bond at a premium, you will have a capital loss at maturity. A bond’s price is a function of the bond’s coupon rate as compared to the current level of interest, its remaining term to maturity, its credit or default risk and any special features it may have. Coupon rate ... ................
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