Examlex
What is the first stage of liver deterioration in heavy drinkers?
Callable
A term describing a financial security (e.g., a bond) that can be redeemed by the issuer before its maturity date at a predetermined price.
Call Premium
The extra amount that must be paid by the issuer to call a bond before its maturity date, above its par value.
Required Rate
The minimum rate of return on an investment that is necessary for it to be considered a viable option by investors or managers.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, accounting for its current market price, face value, interest payments, and time to maturity.
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