Examlex
Birdsong learning is unusual in what way?
Maturity Risk
The risk associated with the changing value of securities due to the time remaining until their maturity date.
Yield to Maturity
The total return anticipated on a bond if it is held until the maturity date, factoring in the current price, par value, coupon yield, and time to maturity.
Coupon Rate
Each year, the interest rate a bond yields, expressed in terms of the percentage of its face value.
Premium
A premium is the amount by which the price of a security or financial instrument exceeds its intrinsic or face value.
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