Examlex
To display the Color gallery, with the graphic selected, click the Color button in the ____ group on the PICTURE TOOLS FORMAT tab.
Annual Coupon
The yearly interest payment paid to bondholders, based on the bond's face value.
Yield to Maturity
This refers to the total return anticipated on a bond if the bond is held until its maturity date.
Call Provision
A call provision is a term in the bond agreement that allows the issuer to repurchase and retire its bonds before the maturity date, typically at a premium.
First Mortgage Bonds
First mortgage bonds are bonds that are secured by a first-priority claim on specified assets in the event of liquidation.
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