Examlex
The primary actions of the complement cascade include:
Yield to Maturity
The total return anticipated on a bond if the bond is held until its maturity date, factoring in its current market price, par value, coupon interest rate, and time to maturity.
Par
The face value of a bond or other financial instrument, the amount to be repaid by the issuer at maturity.
Yield to Maturity
The total return anticipated on a bond if it is held until the date it matures, expressed as an annual rate.
Par
The face value of a bond or stock, which is the amount the issuer agrees to pay back at maturity, often set at $100 for bonds.
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