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Your roommate is hungry and wants to know what's for dinner. You have decided to try and reduce your food waste, so you suggest:
Yield To Maturity
The expected total yield on a bond when it's held all the way to its date of maturity.
6 ½% Bond
A type of bond that pays an annual interest rate of six and a half percent to its holders, representing part of the bond's fixed-income return.
8% Bond
A bond that pays an annual interest rate of 8%, representing the fixed income it provides to investors over its term.
8 ½% Bond
A bond that pays an annual interest rate of 8.5%, where the interest payment is made to bondholders as compensation for their investment.
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