Examlex
Which of the following statements is FALSE?
Coupon Rate
The annual interest earnings of a bond, represented as a percentage of its stated value.
Yield To Maturity
The total return expected on a bond if held to its maturity date, taking into account its current market price, interest payments, and face value.
Par Value
The face value of a bond or a stock, representing the amount that will be paid back at maturity for bonds or the nominal value of a stock.
Catastrophe Bond
A high-yield debt instrument designed to raise funds for companies in the insurance industry to cover the risk of natural disasters.
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