Examlex
What type of variable can assume an unlimited number of different values?
Low-Coupon Bonds
Low-Coupon Bonds are bonds that have a lower interest rate than the prevailing market interest rate, typically making them sell at a discount to their face value.
Yield To Maturity
The total return anticipated on a bond if the bond is held until the end of its lifetime.
Annual Coupon
Annual Coupon refers to the yearly interest payment made by a bond issuer to its bondholders, based on the bond's face value.
Premium
The amount by which the price of a financial instrument or commodity exceeds its intrinsic or face value, often related to insurance costs or bond prices.
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