Examlex
The United States joined the members of the Pact of Brussels to form what organization,in which members agreed to defend any signatory that was attacked?
Yield to Call
The return an investor would receive if a callable bond is held until the issuer exercises their option to redeem it before its maturity date.
Current Yield
The annual interest payment of a bond divided by its current market price, used to compare the return on investment of different bonds.
Coupon Bond
A debt security that pays the holder a fixed interest rate (the coupon) periodically until maturity, at which point the principal is repaid.
Basis Point
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 1/100th of 1%.
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