Examlex
Identify and explain the major characteristics of marketing objectives.
Yield To Maturity (YTM)
The rate of interest earned on a bond if it is held to maturity.
Premium
Premium in finance usually refers to the extra amount paid over the standard or nominal value, as in insurance premium payments or the additional amount to purchase securities.
Discount
A reduction applied to the nominal price of goods, services, or securities, often to incentivize purchase or investment.
Treasury Bond
A long-term, interest-bearing security issued by the U.S. government considered a safe investment with maturity periods typically over 20 years.
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