Examlex
Rates of smoking are consistent within most ethnic groups.
Default Probability
The likelihood that a borrower will be unable to meet debt obligations, leading to a default on the obligation.
Annual Coupon
The interest payment made by a bond issuer to the bondholders, usually annually.
Yield To Maturity (YTM)
The rate of interest earned on a bond if it is held to maturity.
Premium
Premium in finance usually refers to the extra amount paid over the standard or nominal value, as in insurance premium payments or the additional amount to purchase securities.
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