# Series 7 Exam Prep 24, Yield Calculations and Bond Math

Page: https://stenobird.com/podcast/open-exam-prep-7140559/series-7-exam-prep-24-yield-calculations-and-bond-math
Text version: https://stenobird.com/podcast/open-exam-prep-7140559/series-7-exam-prep-24-yield-calculations-and-bond-math.md
Podcast: [Open Exam Prep](https://stenobird.com/podcast/open-exam-prep-7140559)
Published: 2026-07-01T01:01:53+00:00
Episode link: https://open-exam-prep.captivate.fm/episode/series-7-exam-prep-24-yield-calculations-and-bond-math
Audio file: https://episodes.captivate.fm/episode/6291fd8d-3828-439b-bce9-7d840999e297.mp3
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Duration seconds: 237

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a bond's current yield using its annual interest and market price. - The relationship between yields for discount bonds: Yield to Call > Yield to Maturity > Current Yield > Nominal Yield. - The relationship between yields for premium bonds: Nominal Yield > Current Yield > Yield to Maturity > Yield to Call. - The tax treatment of annual accretion on a secondary market municipal bond, which is considered ordinary income. - That one basis point equals 0.01%, and a 10 basis point change in yield typically results in a $1 price change on a $1,000 bond. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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## Transcript

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