Examlex
People born between 1946 and 1964 are commonly referred to as:
Bond
A fixed-income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, which includes terms regarding the interest rate and when the loaned funds (bond principal) must be paid back (maturity).
Effective EAR
The Effective Annual Rate is the actual return on an investment, taking into account the effect of compounding interest.
Par Value
The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is often used to calculate interest payments.
Annual Coupon Payments
The fixed interest payments made by a bond issuer to the bondholders at regular intervals over the life of the bond.
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