example of a bond scenario using the example below: Can be either treasury, corporate or mutual funds

Must be universal asset measure, to tell a story about the numerator and tell a story about the denominator to get the quotient.

If a company issued a 12 year bond with an annual coupon rate of 8% and a par value of $1,000.

• Par value (Face)= $1,000
• Coupon (rate)= 8%
• Maturity (Bond Repaid)=12 Years
• Price of the bond=$1,000