In chapter 6, we have discussed how to value bonds. If all investors are using this method,
Question:
In chapter 6, we have discussed how to value bonds. If all investors are using this method, why does the same bond buy or sell at different prices? In other words, why is there a market for bonds? Why do some financial analysts treat preferred stock as a special type of bond rather than as an equity security? Include in your discussion the relationship between bond prices and interest rates.
references please include citations
Bonds Explained- YouTube
"What are bonds?" -> https://www.youtube.com/watch?v=V-Hl52KNC1A&ab_channel=AberdeenStandardInvestments
"Investing Basics: Bonds": https://www.youtube.com/watch?v=IuyejHOGCro&ab_channel=TDAmeritrade
Using Excel to Calculate Bond YTM and EAY- YouTube
http://www.youtube.com/watch?v=EaLUXHeKJ4o
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba