Examlex
"The Renaissance was a direct consequence of the High Middle Ages." Discuss, pro and con.
Yield To Maturity
The total return anticipated on a bond if held until it matures, including all payments of principal and interest, measured as an annual rate.
Noncallable Bonds
Bonds that cannot be redeemed by the issuer before their maturity date, providing investors with certainty that they will receive interest payments for the life of the bond.
Par Value
The stated value of a bond, stock share, or coupon as declared by the issuer.
Annual Coupon
The interest payment distributed each year to holders of bonds, generally represented as a percentage of the bond's principal amount.
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