Bond Values Tables

Author : Joseph Deghuée
Publisher :
ISBN 13 : 9781332777242
Total Pages : 194 pages
Book Rating : 4.7/5 (772 download)

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Download or read book Tables of Bond Values (Classic Reprint) written by Joseph Deghuée and published by . This book was released on 2016-06-26 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Tables of Bond Values It is evident that each of these investments pays for ten successive half-years the recorded rate of interest on the amount which remains invested, and that this rate Of interest cannot possibly depend on anything else but the price paid for the bond, the interest on its par value, and the number of years which it has to run. If the bond is bought at par, the realized semi-annual interest equals the semi annual payment, and the investment remains the same. If the bond is bought below par, the realized semi-annual interest on the money invested exceeds the semi-annual payment, and, by the addition of this excess, the investment gradually rises to par. If the bond is bought above par, the semiannual payment exceeds the realized semi-annual interest, and, by the withdrawal of this excess, the in vestment gradually sinks to par. The results given in these tables are found by the following for mula. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.