Examlex
The ____ function calculates the number of years between two dates.
Par Value
The face value of a bond or stock as stated by the issuing company, which may differ from its market value.
Bond Ratings
Assessments made by credit rating agencies on the creditworthiness of corporate or governmental bonds, impacting the interest rates offered.
Amortized Debt
A debt in which the principal is repaid over the life of the loan rather than in a lump sum at the end.
Market Interest Rates
The prevailing rates at which borrowers can obtain loans and investors can receive returns in the financial market.
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