Examlex
Which of these is NOT an essential characteristic of the cloud model?
Semi-Annually
Occurring twice a year, typically every six months.
Face Value
The nominal or dollar value printed on a security or bond, representing the amount that will be paid back at maturity, not including interest.
Coupon Rate
The interest rate a bond pays each year, shown as a percentage of its face value.
Yield To Maturity
The total return expected on a bond if it is held until the date it matures, including both interest payments and the difference between the bond's current market price and its face value.
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