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The law of one price states that:
Bond Yields
The amount of return an investor realizes on a bond, usually expressed as a percentage of the bond's value.
Present Value
The present worth of a future sum of money or series of cash flows, when discounted at a specific rate of interest.
Coupon Payment
The interest payment made to the bondholders by the issuer of the bond.
Term to Maturity
Term to Maturity is the remaining time until a debt instrument, such as a bond, reaches its due date and the principal must be repaid.
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