Apparently there are 3 main determinants, what are they? How does each effect the price of the bond?
fuck, I thought one of you would do it for me lol
Bonds are priced according to the Highest interest rates of banks. It is either sold at a "Premium" Or a "Discount." A company chooses an interest rate, compares it to the Highest bank interest rate and either sells it at a premium... or a discount... That's the only 1 determinant.