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Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Par Value
The face value of a bond or the stock value stated in the corporate charter, representing the minimum standard value.
Zero-Coupon Bond
A debt security that does not pay interest but is traded at a deep discount, rendering a profit at maturity when the bond is redeemed for its full face value.
Yield To Maturity
The total return anticipated on a bond if it is held until the date it matures, accounting for interest payments and capital gains.
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