Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
Erase wrong answers completely. A buffalo never forgets...and the Scantron machine won't, either.

Bond Flavors: Types of Bonds

Bond Flavors: Types of Bonds

The piece of paper you get when you buy a bond has an interest rate attached to it. Let's say it says 8%. That 8% is the coupon of the bond. The coupon is not coincidentally named like the things you clip from cereal boxes for 28 cents off your next load of ultra-mega-super-high-fiber bran cereal. The coupon on the bond acts analogously, and in fact, in the olden days of your grandparents, bonds commonly came with paper coupons that were clipped with a pair of sharp scissors and snail mailed...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$65.65
Next: How Bonds Are Registered
Prev: Bond Maturities

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.