Examlex
According to Hocker and Wilmot,parties can disagree without being "disagreeable."
YTM
Yield to Maturity, the total return anticipated on a bond if held until it matures.
Premium Bonds
Bonds sold for more than their face value due to offering interest rates higher than the current market average.
Discount Bonds
Bonds that are sold for less than their face value, typically reflecting that the market interest rates are higher than the bond's coupon rate.
Bond Price
The amount of money for which a bond is bought or sold in the market, influenced by interest rates, credit quality, and maturity period.
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