Examlex
Identify the stages of the business cycle and list one or two characteristics of each stage.
Coupon Bonds
Debt securities that pay periodic interest payments based on a fixed interest rate (coupon) until maturity, at which point the principal is repaid.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date.
Market Price
The market's ongoing price for the transaction of assets or services.
Basis Point
A unit of measure used in finance to describe the percentage change in value or rate of a financial instrument, equal to 1/100th of 1%.
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