Examlex
Which of the following is not a debt security?
Coupon Rate
The interest rate on a bond that the issuer promises to pay annually or semi-annually to the bondholder.
Market Yield
The annual income on an investment divided by the market price of the investment, typically expressed as a percentage.
Premium
The amount by which the price of a security exceeds its principal amount or its value at issuance.
Discount
The reduction from the full amount or value of something, especially the price of a financial instrument or merchandise.
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