By Daniel ANKOMAH So, there I was in the office, surrounded by reports and charts, when the phone rang, and it was an old ...

For example, Baa corporate bonds outperformed the S&P 500 (inclusive of dividends) by over 10% in 2011. To calculate the present value of a particular bond, therefore, you must discount the future ...

but you'll only make money on the bond that way if you bought it at a discount to its face value. That can happen if interest rates rise or if the government or company borrowing the debt is ...