Examlex
If is an orthonormal set, then
is linearly independent.
Coupon Bond
A type of bond that pays the holder a regular interest payment (the coupon) until maturity, at which point the principal amount is also repaid.
Yield To Maturity
The total return anticipated on a bond if it is held until the date it matures, including all payments from now until maturity.
Par Value
The face value of a bond or stock, as stated by the issuing company.
Coupon Rate
The annual interest rate paid by a bond, expressed as a percentage of the bond's face value.
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