Examlex
Three broad managerial functions are: (1)______________ (2)______________ and (3)______________.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all payments of interest and principal.
Semi-Annually
This term describes events or processes, such as interest payments or calculations, that occur twice a year.
Face Value
The nominal or dollar value printed on a security or a financial instrument, such as a bond or stock.
Annual Coupon Bonds
Bonds that pay interest to the bondholder yearly until maturity, at which point the face value is also repaid.
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