Bonds are sensitive to interest rate risk, which means that when interest rates rise, the value of bonds falls ... you would have a choice between two formulas: Macaulay Duration, which is ...

Par value is a term you may hear in relation to the value of a bond or share of stock. In this instance, we are concerned with the par value of bonds. The more you know about what you are ...

Par value is simply the stated value of a share of stock or bond when it's first issued. While the definition of par value is the same for both stocks and bonds, how it affects investors differs ...