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How do I handle bond premiums and bond discounts ? :
| If you buy a bond that pays an interest rate over and above the market interest rate, implicit in your purchase price is something called the bond premium. The bond premium is just the market's way of adjusting the price of a bond that pays too high of an interest rate. |
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Arizona :
Types of Mutual Funds - What You Need To Know :
| Mutual Funds are an investment type that is considered open-end. This describes the fund's method of buying and selling shares to and from investors at the end of the day. This allows investors to join and investors to leave at any given time permitting incredible flexibility in the investing term. Investors purchase their fund shares from the fund or a broker for the fund instead of other investors on the market such as the NYSE or NASDAQ. |
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