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Expected Interest Rate
The anticipatory rate at which interest is projected to be applied on borrowed funds or received on investments.
Premium To Par
The amount by which the price of a bond exceeds its principal (or par) value, often occurring when the bond's interest rate is higher than current market rates.
Coupon Rate
The per annum interest yield on a bond, shown as a percentage of its principal amount.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturation date.
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