Finicade
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Level 21 · ◆◆◆ · ~14 min

Bond Pricing & Yields

A bond's price is just the present value of its promises.

"Price and yield are two views of the same thing, moving opposite ways."

present valuecurrent yieldyield to maturitypremium & discount
🚀 You're jumping ahead. This builds on Fixed Income: The Basics — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.