Examlex
Choose the INCORRECT statement.
Semi-Annually
Happening biannually, usually once every six months.
Face Value
Face value is the nominal value or dollar value printed on a security or a bond, representing the amount to be repaid at maturity.
Semi-Annual Coupon
A type of bond payment made twice a year to bondholders, representing interest payments on the bond's face value.
Yield To Maturity
The total expected return on a bond if held until its maturity date, taking into account both the interest payments and any gain or loss if the bond was purchased at a discount or premium.
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