Examlex
The rationing mechanisms that develop under binding price floors are usually efficient.
Coupon Payments
Periodic interest payments made to bondholders during the life of the bond.
Floating Rate Bonds
Bonds that have variable interest rates, adjusting periodically in relation to an index or benchmark rate.
Interest Rates
The cost of borrowing money or the return for lending money, typically expressed as an annual percentage rate.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, including both interest payments and capital gains.
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