Examlex
Humanists emphasize immediate subjective experience rather than prior learning.
Yield To Maturity (YTM)
The total return anticipated on a bond if the bond is held until its maturity date, taking into account both interest payments and the difference between the bond's current market price and its face value.
Annual Coupon Rate
A bond's yearly interest payment to its holders, expressed as a percentage of the bond's face value.
Maturity
The specified time at which the principal amount of a bond or loan is due to be paid back to the lender.
Call Premium
The additional amount that must be paid over the par value by the issuer to redeem a callable security before its maturity date.
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