Learning Center
Practical, exam-grade articles on financial calculation — TVM, bonds, capital budgeting, statistics and BA II Plus technique, bilingual.
Bonds
YTM, current yield and duration explained
Three numbers that describe a bond's return and risk: the full-roundtrip YTM, the snapshot current yield, and duration as the measure of interest-rate risk.
9 min readUpdated July 14, 2025
Bonds
Bond pricing: coupons, discounts and premiums
How a bond's price is built from discounted cash flows, why price and yield sit on a seesaw, and how clean, dirty prices and accrued interest fit together.
9 min readUpdated July 1, 2025