Examlex
Which of the following changes best represents the effect of the oil embargo (a shut-off of oil from certain OPEC countries) of the 1970s on the U.S.?
Coupon Bond
A debt security that pays the bondholder a fixed interest rate (coupon) periodically until the bond's maturity date, at which point the principal amount is repaid.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, considering both interest payments and the principal appreciation or depreciation.
Par Value
The face value of a bond or stock, as stated by the issuing company. This is the nominal value and may differ from the market value.
Coupon Bond
A bond that pays the holder a fixed interest rate (coupon) over the bond's lifetime and repays the principal at maturity.
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