Examlex
Which of the following is an alternative possible service encounter included in the service-system design matrix?
Annual Coupon
refers to the fixed interest payment that a bond issuer agrees to pay to the bondholder once every year until the bond's maturity date.
Zero-Coupon Bond
A bond that is issued at a discount to its face value but pays no interest; the investor's return is the difference between the purchase price and the face value at maturity.
Par Value
The face value of a bond or stock, representing the amount that the issuer agrees to pay at maturity or the nominal value assigned to a share of stock for accounting purposes.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, incorporating both interest payments and the increase or decrease in the bond's value to its face value at maturity.
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