Examlex
What is construct validity and what is used to establish it?
Accrued Interest
Interest that has been incurred but not yet paid or received, often relevant in bond investments and loans.
Asked Price
The minimum price a seller is willing to accept for an asset or security.
Coupon Bond
A type of bond that provides periodic interest payments to its holder, based on the fixed interest rate (coupon rate) of the bond.
Current Yield
The interest or dividends received from a security divided by the current market value of the security, often used to describe bonds.
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