Examlex
According to Robert Sternberg, "street smarts," or _____ intelligence, may be seen by minority cultures as more important than "book learning," or _____.
Yield to Maturity
Yield to Maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures, considering all payments from now until maturity, including coupon payments and the difference between the purchase price and the par value.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value, to the bondholders.
Face Value
Face value is the nominal value stated on a financial instrument such as a bond or a stock certificate, important in determining its maturity value or dividend payments.
Required Rate
The minimum expected rate of return on an investment, necessary to compensate for the risk taken.
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