
About this episode
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam.
In this episode you will learn:
- The definitions of par value, coupon rate, and maturity date for corporate bonds.
- The fundamental inverse relationship between market interest rates and existing bond prices.
- Why a bond's price decreases to trade at a discount when interest rates rise.
- Why a bond's price increases to trade at a premium when interest rates fall.
- How to use the "Interest Rate Seesaw" as a mental model to remember this key concept.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
Get every episode summarized
Each time Open Exam Prep publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Open Exam Prep

Series 7 Exam Prep 99, High-Yield Product Comparison Review
Open Exam Prep
Sep 14, 20263:33completed

Series 7 Exam Prep 98, Regulation and Prohibited Conduct Review
Open Exam Prep
Sep 13, 20264:35completed

Series 7 Exam Prep 97, Trading and Settlement Exam Traps
Open Exam Prep
Sep 12, 20264:02completed

Series 7 Exam Prep 96, Communications and Disclosure Exam Traps
Open Exam Prep
Sep 11, 20263:30completed