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How can one describe Civic Humanism?
Yield to Call
The rate of return anticipated on a bond if it is held until the call date, which is before the bond's maturity, including all interest payments and the call price.
Yield to Maturity
The total return anticipated on a bond if it is held until the date of maturity, accounting for interest payments and capital gains.
Call Premium
The amount by which the price of a call option exceeds its intrinsic value, reflecting the cost to buy the option.
Yield to Call
The return a bondholder can expect if the bond is held until the call date, before the bond's maturity.
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