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Returns and Prices in the Secondary Market

Lecture no. 13 from the course: Financial Literacy: Finding Your Way in the Financial Markets

Taught by Professor Connel Fullenkamp | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses

What does it mean when the news reports that the Dow was back above 13,000 or that the 10-year Treasury bond price closed at 92½? Now that you understand how financial instruments are used and the basics of the secondary market, learn how prices are quoted and returns are calculated.