Examlex
The event that is generated by a slider when its value changes is of type _____.
Interest Rates
The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.
Par Value
The face or nominal value of a bond, stock share, or coupon, as specified by the issuer.
Coupon Rate
Annually, the interest earned on a bond represented as a percentage of its face value.
Premium Bond
Bond prices and interest rates are inversely related; that is, they tend to move in the opposite direction from each other. A fixed-rate bond will sell at par when its coupon interest rate is equal to the going rate of interest, rd. When the going rate of interest is above the coupon rate, a fixed rate bond will sell at a “discount” below its par value. If current interest rates are below the coupon rate, a fixed rate bond will sell at a “premium” above its par value.
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