2
votes
1answer
182 views

Bond : Difference between coupon and yield

On a bond chart, I always see the terms: Yield & Coupon, which seem to mean the same thing. What is the difference between these two terms?
9
votes
3answers
261 views

What is a “Junk Bond”?

I was reading Barbarians at the Gate and I read that junk bonds were required to do large leveraged buyouts. What is a junk bond and how does it differ from a regular bond? Why is there higher ...
3
votes
1answer
416 views

What are prize bonds? Are prize bonds a good investment?

What are prize bonds? Are prize bonds a good investment?