Should Members of Congress Be More Transparent About What Their

question 55

Short Answer

Should members of Congress be more transparent about what their primary goal will be if they are elected to Congress?
a. Would they be honest, or would the proximate goal of reelection cloud their statements?

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, taking into account its current market price, face value, interest rate, and time to maturity.

Semi-Annually

Occurring or conducted twice a year.

Face Value

The nominal or dollar value printed on a bond, stock, or other financial instrument, representing the amount due at maturity.

Coupon Rate

The interest rate on a bond paid by the issuer, which is a fixed percentage of the bond's face value, yielding regular interest payments to the bondholder.