Examlex
Select the correct description for each of the abbreviations.
-EEG
Strip Bond
A bond that has had its coupon payments and principal repayment detached and sold separately as zero-coupon bonds.
Compounded Semiannually
A calculation method where interest is applied to the principal plus previously accumulated interest twice per year.
Face Value
The nominal or dollar value printed on a financial instrument such as a bond or stock certificate, representing the value the issuer promises to pay at maturity.
Investment Yield
The earnings generated and realized on an investment over a particular period of time, expressed as a percentage of the investment's cost.
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