In this video, we focus on exam preparation for finance students, specifically covering key topics from chapters 10 and 12, with a review session to reinforce understanding. The session begins with an overview of the essential concepts from chapter 10, such as bond terminology, definitions, and calculations. We dive into the specifics of bonds, including face value, maturity, and coupon rates, which are vital for practical applications in the field of finance. The discussion also covers bond transactions from both the issuer’s and holder’s perspectives, providing real-world insights into how these work. As we progress, we analyze the impact of market rates on bond valuations, and how understanding this relationship can influence investment decisions. The video further explores the connection between coupon rates and market rates, an essential concept for valuing bonds accurately. Finally, we provide a comprehensive summary of the key journal entries related to bond transactions, emphasizing cash flows and amortization. Whether you're preparing for exams or refining your financial knowledge, this video breaks down complex concepts into manageable chunks, ensuring a clear understanding of bonds and market behavior.