Examlex
Describe how MPLS works.
Coupon Bond
A type of bond that pays the holder a fixed interest payment (coupon) periodically until maturity, at which point the principal is also repaid.
Semiannually
Occurring twice a year; a term often used in the context of paying interest or dividends every six months.
Intrinsic Value
The actual, fundamental worth of an asset, determined through financial analysis without reference to its market price.
Zero-Coupon Bonds
Bonds that do not pay periodic interest and are sold at a discount from their face value, with the total yield paid at maturity.
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