Examlex
Which of the following statements about direct marketing is true?
Yield To Maturity
Yield to maturity is the total return expected on a bond if the bond is held until it matures, including all interest payments and the repayment of par value.
Annual Coupon
A fixed interest rate paid by a bond issuer to the bondholder, typically paid annually.
Face Value
The nominal or dollar value printed on a securities certificate or instrument, such as a bond or stock, representing the value at issuance.
Zero-Coupon Bonds
Bonds that do not pay interest during their life but are sold at a deep discount, providing profit at maturity when redeemed for their face value.
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