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Yield to Call
The interest rate that an investor would receive if they held a callable bond until the call date.
Quoted Coupon Rate
This is the annual interest rate paid by a bond, expressed as a percentage of the bond’s face value and fixed for the bond's lifespan.
Zero Coupon Bond
A bond that is issued at a discount to its face value and pays no interest but is redeemed at its face value at maturity.
Required Return
Required return is the minimum expected yield by investors to compensate for the risk of an investment.
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