Examlex
A baseball player is hit in the face with a baseball. The impact breaks the two front teeth and fractures the bone immediately above them. The fractured bone is the ________.
Bond A
A generic term for any type of bond, often used in examples to explain bond investment concepts without referring to a specific issue.
Yield To Maturity
The expected total yield on a bond when it's held all the way to its date of maturity.
6 ½% Bond
A type of bond that pays an annual interest rate of six and a half percent to its holders, representing part of the bond's fixed-income return.
8% Bond
A bond that pays an annual interest rate of 8%, representing the fixed income it provides to investors over its term.
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