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With regard to fluid and crystallized intelligence, research has concluded that:
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.
Market Price
The current cost for engaging in transactions involving assets or services.
Zero-Coupon Bond
A type of bond that does not pay periodic interest but is issued at a discount to its face value and matures at face value.
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