Examlex
The exchange rate at which two parties agree to exchange currencies on a specified future date is called a ________ rate.
Yield to Maturity
The complete earnings projected from a bond assuming it is retained up to its expiration date.
Yield to Maturity
The total return anticipated on a bond if it is held until it matures, incorporating all coupon payments and the face value received at maturity.
Coupon Rate
The interest payment per annum on a bond, depicted as a percentage of its face value.
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