Examlex
In determining the zones of activity, which position is considered the center of the clock?
Annual Interest Payment
The total amount of interest paid on a bond or loan over the course of a year.
Coupon Rate
The percent of the face value paid as interest on a bond every year.
Yield To Maturity
Yield to maturity is the total return anticipated on a bond if the bond is held until its maturity date, accounting for its current market price, par value, coupon interest rate, and time to maturity.
Coupon Rate
The coupon rate is the annual interest rate paid on a bond, expressed as a percentage of the face value.
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