Examlex
Which of the following is NOT one of the chapter's three big ideas?
Yield to Maturity
The total return anticipated on a bond if held until it matures, considering all payments of interest and principal and the time value of money.
Par Value
The face value of a bond or stock, typically the value printed on the certificate, which does not necessarily reflect its market value.
Treasury Bond
Long-term government debt securities issued by the U.S. Department of the Treasury, with maturity periods typically ranging from 20 to 30 years, considered low-risk investments.
Annual Coupon
The yearly interest payment made by a bond issuer to its bondholders, usually fixed at the time of issuance.
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