Examlex
Which of the following statements is not correct?
Maturity
Maturity is the date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.
Yield To Maturity
An estimate of the annualized rate of return of a bond if held until the date it matures, accounting for its current market price, face value, interest payments, and time to maturity.
Coupon Rate
The yearly interest yield of a bond, represented as a percentage of its nominal value, disbursed from the time it's issued up until its due date.
Maturity Value
The amount of money an investment will yield upon the expiration of an investment period.
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