Examlex
Simplify. Write your answers in the form of a+bi, where a and b are real numbers.
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Clean Price
The price of a bond net of accrued interest; this is the price that is typically quoted.
Coupon Bond
A type of bond that pays the holder periodic interest payments based on a predetermined rate (the "coupon rate") until it matures, at which point the principal (or face value) is repaid.
Yield To Maturity
The total expected return on a bond if held to its maturity date, including both interest payments and any gain or loss if the bond was purchased at a discount or premium.
Market Price
The current price level for transactions involving assets or services in a trade environment.
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