Examlex
The first-character value in the Measurement and Monitoring section is 5.
Clean Price
The price of a bond excluding any accrued interest; the price that is typically quoted in the bond market.
Quoted Price
The last price at which a security or commodity was traded and is publicly available.
Par Value
The face value of a bond or stock as stated by the issuer, which has implications for interest calculations or dividends.
Yield to Maturity
Yield to Maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures, considering all payments from now until maturity, including coupon payments and the difference between the purchase price and the par value.
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