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Rousseau’s doctrine of the general will led him to conclude that
Coupon Interest Rate
Yearly rate of interest on a bond, denoted as a percentage of its principal value.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, encompassing all interest payments and the repayment of principal.
Par Value
The face value of a bond, or the stock value stated in the corporate charter, often used as the basis for accounting of the bond or stock.
Annual Coupon
The annual coupon is the interest payment that a bond issuer makes to bondholders each year, expressed as a percentage of the bond's face value.
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