Examlex
A graph of two variables is a vertical line. What is the interpretation of this result?
Callable Bond
A type of bond that gives the issuer the right to redeem the bond at a predetermined price before its maturity date.
Yield To Call
The rate of return anticipated on a bond if it is held until the call date, before the bond's maturity date.
Par Value
The face value of a bond or stock, representing the amount the issuer will return to the holder at maturity.
Current Yield
The annual income (interest or dividends) divided by the current price of the security.
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