Examlex
Why has the number of interest groups expanded over the last 50 years?
Par
The face value of a bond or other security, at which it can be redeemed at maturity or the amount of money equal in value to a particular share or bond.
Coupon
The yearly payment of interest to those holding bonds, represented as a percentage of the bond's nominal value.
Semi-Annual Coupon
A bond payment made to bondholders twice a year, representing interest on the bond's face value.
Effective Annual Yield
The actual interest rate an investment earns in a year, taking into account the effects of compounding.
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