What is the amortization of premium on bonds payable?
You risk losing principal if you need to sell your bond before it matures, potentially at a lower price than what you paid for it or for what its par value is. International emerging market bonds (EM bonds) are issued by a government, agency, municipality, or corporation domiciled in a developing country. These investments typically offer higher yields to reflect the elevated risk of default, which can stem from underlying factors such as political instability, poor corporate governance, and [...]