Examlex
You are hiking in your favorite forest when you encounter a surface that appears to have very fine scratches in it.What are these features?
Coupon Rate
Interest rate on a bond paid each year, represented as a percentage of its face value.
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment's cost.
Annual Coupon Bonds
Bonds that pay interest to the holder on an annual basis, where the interest rate is specified as a percentage of the bond's face value.
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