Examlex
The doctrine of natural identity of interest is problematic because:
Canada Plus Call
Call provision that compensates bond investors for interest differential, making it unattractive for an issuer to call a bond.
Face Value
The nominal value stated on a financial instrument, such as a bond or stock certificate, representing its official worth.
Par Value
The nominal value or face value given to a security or bond by the issuer.
Default Risk Premium
The additional amount a borrower must pay to compensate the lender for assuming the risk that the borrower may default on the loan.
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