Examlex
Stretch goals, in which managers perform tasks they have never done before, are known as horizontal stretch goals.
Maturity Value
The amount payable to an investor at the end of a debt instrument's holding period or maturity date, including both the principal and any remaining interest payments.
Stated Rate
The interest rate stated on the face of a bond or other fixed-income security, which is used to calculate the interest payments to the bondholders.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments and are instead issued at a substantial discount from their face value.
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