The first number is the coupon, or interest rate, expressed as a percentage. Bonds issued at different times have different coupons, based on the current market rates at the time of issue and the issuera#39;s credit rating. For example, the first Fordanbsp;...
|Title||:||Your Guide to Understanding Investing|
|Author||:||Kenneth M. Morris, Alan Michael Siegel, Virginia B. Morris|
|Publisher||:||Lightbulb Press, Inc. - 2002|