Examlex
An economic model usually includes:
Annual Coupon
The annual interest payment received by bondholders, expressed as a percentage of the bond's face value.
Par Value
The face value of a bond or stock, as designated by the issuing company, which may not reflect the market value.
Premium
An amount paid for an insurance policy, or the cost above the nominal or face value of a financial instrument.
Par Value
The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is the value written on the face of the security.
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