Examlex
Find the indicated one-sided limit.
Maturity
The specified time at which the principal amount of a bond or loan is due to be paid back to the lender.
Call Premium
The additional amount that must be paid over the par value by the issuer to redeem a callable security before its maturity date.
Default Risk Premium (DRP)
The additional yield that investors demand for holding a bond that has a risk of default over a risk-free bond.
Liquidity Premium (LP)
Additional return that investors demand for holding an asset that is not easily convertible to cash without a loss in value.
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