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If human beings are,by nature,hedonistic then we naturally seek:
Forward Rate
The agreed-upon exchange rate for a currency, security, or commodity to be delivered and paid for at a future date, used in forward contracts.
Zero-coupon Bonds
Bonds that are issued at a discount to their face value and do not pay interest during their life but are redeemed at full face value at maturity.
Coupon Rate
Yearly rate of interest on a bond, indicated as a percentage of its face value.
Maturity Bond
A fixed-income security that repays the principal along with interest at the end of a specified period.
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