Series 7 Exam Prep 23, Bond Pricing and Yield Relationships

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The inverse relationship between bond prices and interest rates, and why bonds trade at a premium, discount, or par. - How to rank the four key bond yields (Nominal, Current, YTM, YTC) for both premium and discount bonds using the bond seesaw mnemonic. - Why bonds with long maturities and low coupons have the most interest-rate risk and price volatility. - The definition of a basis point and how it is used to express changes in bond yields. - Common Series 7 exam traps, including distinguishing between different yield calculations and understanding the factors that affect a bond's price sensitivity. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep