Examlex
The outermost components of the symmetrical five-component framework of information systems are data and procedures.
Coupon Bond
A type of bond that provides periodic interest payments to its holder, based on a fixed interest rate (coupon rate) until its maturity, at which point the principal amount is repaid.
Accrued Interest
The interest that has accumulated on a bond since the last interest payment was made, which the buyer of the bond must pay to the seller if the bond is bought between interest payment dates.
Zero-Coupon Bond
A zero-coupon bond is a debt security that doesn't pay periodic interest but is sold at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, including all interest payments and capital gains or losses.
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