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Recent research indicates that first generation college students
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuer.
Yield to Maturity
The anticipated full income on a bond, provided it is held through to its expiration date.
Interest Rate Risk
The risk of losing money on investments because of changes in interest rates.
Zero Coupon Bond
A debt security that does not pay periodic interest (coupon) payments and is instead issued at a substantial discount to its face value, with the return being the difference between the purchase price and the face value at maturity.
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