Examlex
What are at least two advantages of taking computerized exams for professional certification or licensing?
Face Value
The nominal or dollar value printed on a security or bond, representing the amount the issuer promises to pay at maturity.
Zero-Coupon Bonds
Bonds that are sold at a discount and pay no regular interest payments but are redeemed at their face value at maturity.
Yield To Maturity
The total return expected on a bond if held until its maturity date, accounting for its current price, interest payments, and face value.
Maturity
The date on which a financial instrument (e.g., bond, loan) reaches its final installment, and the principal is due to be paid to investors.
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