Series 7 Exam Prep 24, Yield Calculations and Bond Math

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a bond's current yield using its annual interest and market price. - The relationship between yields for discount bonds: Yield to Call > Yield to Maturity > Current Yield > Nominal Yield. - The relationship between yields for premium bonds: Nominal Yield > Current Yield > Yield to Maturity > Yield to Call. - The tax treatment of annual accretion on a secondary market municipal bond, which is considered ordinary income. - That one basis point equals 0.01%, and a 10 basis point change in yield typically results in a $1 price change on a $1,000 bond. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep