Examlex
Which statement assigns today's date to the Date variable currently?
Zero-coupon Bonds
Debt securities that are issued at a discount to their face value and do not pay interest during their life but are redeemed at full face value at maturity.
Yield To Maturity
The total return expected on a bond if the bond is held until its maturity date, incorporating both interest payments and the capital gain or loss.
Discount
The reduction applied to the nominal or face value of something, typically used in the context of bonds or selling goods and services at below their listed prices.
Coupon Bond
A bond that pays the holder a fixed interest rate (the coupon) periodically until maturity, at which point the principal and final interest payment are made.
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