Examlex
Products can be differentiated along which of these criteria?
Par Value
The face value of a bond or stock as stated by the issuing company, which may differ from its market value.
Coupon Rate
The yearly percentage of the bond's face value that is paid out as interest by a bond.
Current Yield
The annual income (interest or dividends) divided by the current price of the security.
Times-Interest-Earned Ratio
A financial ratio that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes.
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