Examlex
Since 1960,the price level in Canada has increased in most years.
Reinvestment Rate Risk
Occurs when a short-term debt security must be “rolled over.” If interest rates have fallen, the reinvestment of principal will be at a lower rate, with correspondingly lower interest payments and ending value.
High-Coupon Bonds
Bonds that offer a higher-than-average interest rate (coupon) compared to others in the market, reflecting potentially higher risk.
Low-Coupon Bonds
Low-Coupon Bonds are bonds that have a lower interest rate than the prevailing market interest rate, typically making them sell at a discount to their face value.
Yield To Maturity
The total return anticipated on a bond if the bond is held until the end of its lifetime.
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