Examlex
Salespeople who force themselves to smile at customers all day may actually end up feeling relatively happy. This effect can be best explained by ____.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all interest payments and repayment of principal.
Duration
An indicator reflecting how the price of bonds or similar debt securities reacts to fluctuations in interest rates, usually stated in terms of years.
Coupon Rate
The annual interest rate paid by a bond, expressed as a percentage of the bond's face value, determining the periodic interest payments to bondholders.
Par-Value
The nominal or face value of a bond or stock, as stated by the issuer.
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