Examlex
Which of the following statements is incorrect?
Investment Bankers
Professionals who work in financial institutions, helping companies and governments with raising capital, mergers, and acquisitions.
Straight Bonds
Conventional bonds that pay a fixed interest rate over their lifetime and return the principal at maturity, without any special features or options.
Implied Value
The estimated value of an asset or investment derived from models or market prices rather than direct measurement.
Annual Coupon
The annual interest payment paid to bondholders, usually expressed as a percentage of the bond's face value.
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