Examlex
The ____ is the vertical distance from one step to another.
Default Risk Premium
The additional amount a borrower must pay to compensate the lender for assuming the risk that the borrower may default on the loan.
Clean Price
The price of a bond excluding any accrued interest; the price the bond is actually quoted at in the financial markets.
Call Provision
A clause in a bond or other fixed-income security that allows the issuer to repay the bond before its maturity date.
Canada Yield Curve
A plot of the yields on Government of Canada notes and bonds relative to maturity.
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