Examlex
Which of these is not a special district?
Coupon Bond
A bond that entitles the holder to a fixed interest payment, or coupon, periodically until the bond matures.
Interest-Rate Risk
The potential for investment losses due to changes in interest rates, affecting the value of interest-bearing assets like bonds.
Yield To Maturity
The total return expected on a bond if the bond is held until its maturity date.
Coupon Bond
A debt security that pays the holder a fixed interest amount (coupon) at scheduled intervals until the maturity date, when the principal amount is repaid.
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