Examlex
What is the typical chain of custody from first observance to introduction at trial?
Yield To Maturity
The total return expected on a bond if held until it matures, including all interest and principal repayments.
Semiannually
Occurring twice a year or every six months.
Present Value
The current assessment of a future cash sum or cash flow streams, discounted at a defined rate of return.
Coupon
The interest payment made to bondholders, typically expressed as an annual percentage of the bond's face value.
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