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The criminal justice system operates like a funnel.
Bond's Price
The market price at which a bond is currently trading. This price can fluctuate based on interest rates, the bond's credit rating, and other factors.
Future Cash Flows
Estimated future financial earnings or expenditures, often used in investment analysis to determine value or profitability.
Coupon Rate
The annual interest rate paid by a bond relative to its face value, representing the yield an investor is expected to earn if the bond is held to maturity.
Yield to Maturity
The total return anticipated on a bond if it is held until its maturity date, considering all interest payments and principal repayment.
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