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I understand your situation and think it would be valuable to read the information I have shared below. It will help you understand the terminology and calculations behind your investments. Understand each concept with will you improve communication with your broker and help you make good decisions with your money.
Bonds
You have purchased a bond, defined as “an annuity stream of interest payments and a $1,000 principal payment at maturity” (Block, 2005). The issuer has agreed to repay you the principal and interest at a later date, also known as maturity. “The rate of return on a bond if it is held until the maturity” (fxwords, 2007)...
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Common topics in this essay:
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