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Explain how the gold standard operated.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, considering both interest payments and capital gains.
Real Rate
The expected return rate an investor anticipates, adjusted for inflation.
Semi-Annual Coupon
Describes the interest payment made to bondholders every six months until the bond's maturity date.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, accounting for interest payments and the repayment of the principal.
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