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bond investing |
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When you invest in a bond,
you're giving a loan to the issuer. The issuer, such as a corporation or
government, agrees to repay the loan with interest within an agreed amount
of time. The yield on your bond investment, which is the amount you earn, is
calculated by dividing the bond's annual income by its price. Until a bond
matures, it can be bought or sold on the open market. If it changes hands
before maturity, the price can fluctuate depending on interest rates at the
time. When interest rates fall, bond prices rise and vice versa. The types of bonds offered for investments
vary according to the issuer:
courtesy .Bond investment information - Education and Guidance department of American Century Investments |
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