3min chapter

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Bond Investing Master Class - How to Invest in Fixed Income

Money For the Rest of Us

CHAPTER

How to Buy a Bond in the Secondary Market

A typical bond has a face value of $1,000. The coupon rate represents the interest rate used to calculate the periodic interest payment. Most bonds pay interest semiannually. Some bonds can be redeemed early it's called being called under certain conditions based on what interest rates have done.

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