Perpetual bonds have no maturity date, allowing them to pay interest indefinitely, making them appealing for long-term income. They come in different types, such as government and corporate bonds, ...
Discover how negative convexity affects bond prices, key risks, and how to calculate it. Learn why mortgage and callable ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Suzanne is a content marketer, writer, and ...