I'm studying for the Series 65 and trying to learn more about bonds. If I buy a 30 year 3% bond for $2000, the way I understand it, the 3% is guaranteed even if the Fed lowers the interest rate. Correct? Also, if the price of the bond drops to $1500 after I buy it, then whenever it ends will I get back all $2000, or will I only get back $1500?
Submitted January 13, 2017 at 11:21PM by swissarm http://ift.tt/2imJc8t
