Examlex
A "Close Iteration" phase addresses those process steps that happen at the end of each iteration.
Yield To Maturity
The overall gain expected from a bond, provided it is kept until its due date, including all received interest and the principal amount's reimbursement.
Semi-Annually
Happening biannually, usually once every six months.
Face Value
Face value is the nominal value or dollar value printed on a security or a bond, representing the amount to be repaid at maturity.
Semi-Annual Coupon
A type of bond payment made twice a year to bondholders, representing interest payments on the bond's face value.
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