关于Financial Statement里的Bond我有个问题 payment, interest, beginning, 借钱, 投资人

hiphop101

 Bond等于是问投资人借钱啊,，为什么有了Coupon Rate还要看market rate?
为什么new book value = beginning book value + interest expense - coupon payment?
通过bond来的资金，肯定要去使用啊，使用的话就不能有利息吧？不明白interest expense的意思，忘高人指点

horseking

The book value of the issued bond is the fair value at inception date, and interest expense is calucated based on this fair value and the market yield at inception date, while the coupon payment is based on the face value and the coupon rate.

 

whatever the bond is par or discount or premium, they will amortized during its life time and reconcile to the face value at maturity.