Examlex
Parallax is the apparent change in location of an object due to the motion of the observer.
Current Yield
The annual income (interest or dividends) divided by the current price of the security.
Market Price
The current price at which an asset or service can be bought or sold in the open market.
Zero-Coupon Bond
A type of debt security that does not pay interest (coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all interest payments and the repayment of principal.
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