Examlex
Which of the following is NOT TRUE regarding frequent shopper programs?
On The Run
Recently issued bond, selling at or near par value.
Yield Curve
A graph showing the relationship between interest rates and the maturity of different bonds of similar credit quality, indicating the term structure of interest rates.
Coupon Bonds
Are bonds that pay the holder a fixed interest rate (the coupon) over a specified period, culminating in the return of the bond's face value on the maturity date.
Zero-Coupon Bond
A type of bond that is issued at a discount and does not pay periodic interest payments, only the face value at maturity.
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