When considering bonds, issuers and investors alike need to consider the coupon rate: the interest paid by the bond. Most bonds pay out coupons on a semi-annual basis, relative to the par (face) value ...

The recent drop in rates has created some interesting situations in the market, especially for lenders. First of all, I'm not aware of any consensus on how to calculate a "current coupon" rate in this ...

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in ...