Examlex
University students who focus on innovation and generating novel ideas in their studies rather than on simply meeting deadlines and securing good grades are especially likely to demonstrate
Annual Coupon
The annual interest payment made to bondholders, typically expressed as a percentage of the bond's face value.
Par Value
A nominal value assigned to a share of stock or bond that is typically printed on the face of the certificate.
Market Yield
The return on investment for a security currently traded in the market, often referring to bonds and calculated by considering the annual interest payments and the market price.
Negative Bond Covenant
A condition in a bond agreement that forbids certain activities by the issuer, aimed at protecting the interests of the bondholders.
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