Module 1 · Lesson 2 · 9 min

The words on a bond

What you'll be able to do

  • Define par, coupon, discount, premium and yield, and tell a zero-coupon bond from a coupon bond.
  • Calculate a holding return, a simple annual rate and the course's compounded annual rate from a price, a face value and a number of days.
  • Spot two quotes for the same bill that use different conventions, and explain why they differ.

This course is for members.

The DeFi University membership on Skool opens all 31 courses here, plus the live calls and community. Private coaching clients have access too.