Examlex
What is the purpose of a voltmeter?
Par
The face value of a bond or other financial instrument, the amount to be repaid by the issuer at maturity.
Yield to Maturity
The total return anticipated on a bond if it is held until the date it matures, expressed as an annual rate.
Par
The face value of a bond or stock, which is the amount the issuer agrees to pay back at maturity, often set at $100 for bonds.
SML Approach
Stands for Security Market Line, a graphical representation used in finance to demonstrate the relationship between risk and expected return of assets.
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