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Globalization allows modern organizations to transcend time and space.
Pure Yield Curve
A theoretical representation of the rates of interest for zero-coupon bonds across different maturities under the assumption of no risk.
Coupon Bond
A type of bond that pays the holder a fixed interest rate (coupon) over its lifetime, and the principal amount is repaid at maturity.
Yield To Maturity
Yield to Maturity (YTM) is the total anticipated return on a bond if the bond is held until it matures, accounting for interest payments and principal repayment.
Par Value
Par value is the face value of a bond or the stock value stated in the corporate charter, which signifies the minimum price that the securities can be issued for.
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