Briefly Describe the Educational and Physical Requirements for Employment in the Trade

question 10

Essay

Briefly describe the educational and physical requirements for employment in the trade.

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Definitions:

Coupon Rate

The interest rate paid yearly on a bond, represented as a percentage of its par value.

Zero Coupon

A bond or debt security that does not pay interest (a coupon) but is traded at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.

Yield

The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment cost.

Original Maturity

The fixed term length at the issuance of a bond or other fixed-income security until it reaches its due date for the repayment of the principal.