# Bond Fundamentals Question

**URL:** <https://talk.achievable.me/t/bond-fundamentals-question/8300>\
**Category:** FINRA SIE\
**Created:** [May 3, 2025, 7:55pm UTC](https://talk.achievable.me/t/bond-fundamentals-question/8300 "2025-05-03T19:55:16Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Trevor\_Cremin](https://talk.achievable.me/letter_avatar/trevor_cremin/32/6_22734026db12803ebb3e059622ac3534.png) [@Trevor\_Cremin](https://talk.achievable.me/u/Trevor_Cremin)\
**Post date:** [May 3, 2025, 7:55pm UTC](https://talk.achievable.me/t/bond-fundamentals-question/8300/1 "2025-05-03T19:55:16Z")

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Somebody help me understand this question. Take a look at it. The answer is none of these, but when I did some research It’s saying the answer is yield to call, yield to maturity, current, coupon. I also asked an advisor who’s already passed this exam if that was correct and he said yes. Please explain.

[[XX9DH] A 30 year bond, which is callable in 8 years at 102, h... | Achievable SIE](https://app.achievable.me/study/finra-sie/quiz/XX9DH#seed=RWDWG&slug=a-18-year-bond-which-is-callable-in-4-years-at-101-has-a-360pe)…

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**Author:** ![Justin](https://talk.achievable.me/user_avatar/talk.achievable.me/justin/32/41_2.png) [@Justin](https://talk.achievable.me/u/Justin)\
**Post date:** [May 4, 2025, 11:23pm UTC](https://talk.achievable.me/t/bond-fundamentals-question/8300/2 "2025-05-04T23:23:30Z")

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Since the bond is bought at par (face value), all the yields - (current yield, yield to maturity (YTM), and yield to call (YTC)\* - will essentially be the same as the coupon rate. This is because there’s no purchase premium or discount affecting the original price.

The order you referenced would be accurate for a bond purchased at a discount.

Our section on [Yield for par bonds](https://app.achievable.me/study/finra-sie/learn/bond-fundamentals-debt-yield) helps to explain this further!

> **[Yield | Debt securities | Achievable SIE](https://app.achievable.me/study/finra-sie/learn/bond-fundamentals-debt-yield)**
>
> We first discussed the concept of yield in the preferred stock chapter. The concept is the same for bonds; yield measures the overall return of an ...

\*_YTC would be slightly higher because there is a call premium (vs. calling at par), but that doesn’t impact the question, as the rest of the yields are the same._