bdavi77962

I don't know for what stupid reason I thought the amortization would appear as a separate entry on the Income Statement. You know the concept, you know how to work the exact numbers, but you are not clear on an irrelevant accounting standard that fatefull morning.

-1

chandsingh

bonds are held to maturity, at historical cost. if you buy the bond above the par value, you amortize that premium over to maturity. your interest income is the coupon + the amortized premium.

the value of the bond based on yield is not a factor until the bond is sold.