Examlex
The main difficulty that occurs when students are too quick to decide what a problem asks is that they may
Call Feature
A provision in a bond or other fixed-income security that allows the issuer to repurchase and retire its bonds before they reach their specified maturity date.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Bond Market
A financial market where participants can issue new debt in the form of bonds or buy and sell debt securities, primarily to and from investors.
Coupon
The yearly rate of interest on a bond, denoted as a percentage of the base value.
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