Examlex
Until the Twelfth Amendment was adopted,the Constitution provided for the candidate receiving the second highest number of electoral votes to become vice president.
Yield to Maturity
The total return anticipated on a bond if the bond is held until its maturity date.
Coupon Rate
The interest rate stated on a bond or fixed-income security, representing the percentage of its face value paid to the holder annually.
Bond Prices
The market value of bonds, which can fluctuate based on changes in interest rates, credit quality of the issuer, and market demand.
Interest Rates
Interest rates are the cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal for a specified period.
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