Category: Budgeting Your Project

How to Calculate Bond Value

How to Calculate Bond Value

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When you look at a bond issued by a company, the U.S. Treasury or a state or local authorities, you are going to observe a dollar amount prominently displayed. This is the value of this bond. Institutions issue bonds for a specified time period known as the maturity. Par value is the sum that the […]

How to Compare Reverse Mortgages

How to Compare Reverse Mortgages

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Even though the reverse mortgage is a relatively new program compared with other kinds of loans, it’s gone through several changes which have eliminated some kinds of reverse mortgages, such as the Treasury rate reverse mortgage and the jumbo reverse mortgage. Different reverse mortgage programs are still available, however, and it is crucial to understand […]