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The Four Numbers Explained: Which 4 Numbers Decide Your Returns? | Canadian Investing
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Episode Summary When pulling up a bond quote, investors are faced with a string of numbers that can seem confusing. This episode decodes a standard bond quote, explains how par value, coupons, maturity, and price interact, and reveals the hidden "fifth number"—accrued interest—that you must pay on top of the quoted price.
Key Concepts
The Standard Quote: A typical quote—such as an issuer name, followed by 5.25%, a date in 2031, and 98.4—contains the four defining metrics: issuer, coupon…
The skinny
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