Examlex
WAP implements integrity through the use of
Discount Rate
The interest rate used to determine the present value of future cash flows or to discount future obligations.
Maturity
The predetermined date on which a financial instrument, loan, or security reaches its final payment, at which point the principal amount must be repaid.
Zero-Coupon Bond
A debt security that doesn't pay periodic interest, sold at a discount from its face value, and repays the face value at maturity.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, considering both the interest payments and the capital gain or loss.
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