13 Bonds

This video introduces bonds as a financial asset used by firms and institutions to borrow money. We explore the fundamental elements of a bond, including face value, coupon rate, and maturity. The discussion also covers spot rates and how they are used as discount rates for each period until maturity. You will learn how to calculate the price of a bond by understanding its cash flows and applying the appropriate discount rates based on the payment structure. Subscribe to @AxiomTutoringCourses for more educational content.