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What are the three most common types of torque wrenches?
Coupon Bonds
Financial securities that pay periodic interest payments and return the principal at maturity.
Market Interest Rates
The current rates at which borrowers can obtain loans or income from investing, influenced by supply and demand in the financial markets.
Par
The face value or nominal value of a bond, stock, or other financial instrument, typically the amount on which interest payments or dividends are calculated.
Zero-Coupon Bond
A debt security that does not pay periodic interest, instead being sold at a discount and maturing at face value, generating profit at redemption.
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