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What is resonance and what conditions cause it? Give examples.
Coupon Rate
The interest rate the issuer of a bond agrees to pay annually to the holder, expressed as a percentage of the bond's face value.
Quoted
Refers to stating the current price of a stock, bond, commodity, or any financial instrument, or the most recent bid and ask prices available.
Yield To Maturity
The cumulative earnings forecasted from a bond assuming it is kept until its expiration date.
Annual Coupon
The yearly interest payment made to bondholders, generally expressed as a percentage of the bond's face value.
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