Examlex
How is an index fund different from other mutual funds?
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, considering all interest payments and the principal repayment.
Par
The face value of a bond or other security, at which it can be redeemed at maturity or the amount of money equal in value to a particular share or bond.
Coupon
The yearly payment of interest to those holding bonds, represented as a percentage of the bond's nominal value.
Semi-Annual Coupon
A bond payment made to bondholders twice a year, representing interest on the bond's face value.
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