Examlex
Why is judging trends in economic indicators important to managers?
Legally Binding
An agreement or contract that is enforceable by law.
Coupon Bonds
Debt securities that pay the holder a fixed interest rate (coupon) over a specified period until maturity, at which point the principal amount is repaid.
Interest Rate Sensitive
Refers to investments or financial instruments that are significantly impacted by changes in interest rates.
Yield To Maturity
The total return anticipated on a bond if held until it matures, factoring in current market price, par value, coupon interest rate, and time to maturity.
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