Examlex
Which of the following concepts employs the kind of value neutrality in scientific study that Max Weber saw as being so important?
Zero-Coupon Bond
A financial security that does not pay periodic interest but is sold at a discount from its face value, and the investor receives the face value at maturity.
Maturity
The date when the principal or nominal amount of a financial instrument, such as a bond or loan, becomes due and payable.
Par Value
The nominal or face value of a bond, stock, or coupon as stated by the issuer, typically not related to its market value.
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage rate based on the investment's cost or current market value.
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