Examlex
If a quantity you calculated has units of , what is that quantity?
Canada Call
A provision in some bonds that allows the issuer to redeem the bond early, specifically in the Canadian market.
Maturity Date
The specified date on which the principal amount of a bond or other debt instrument is due to be paid in full.
Default Probability
The likelihood that a borrower will be unable to make required debt payments, leading to a default.
Strip Bond
A bond that has had its coupon payments and principal repayment separated, creating zero-coupon securities from a regular bond.
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