Examlex
Which one of the following is NOT one of the seeds of misperception according to your text?
Coupon
In finance, a coupon refers to the annual interest payment made to bondholders, expressed as a percentage of the bond’s face value.
Callable
A bond or other financial security feature that allows the issuer to buy back the security before its maturity date.
Value Weighted Average
A method of calculating an average where each data point is weighted according to its value, commonly used in financial indexes to represent market trends.
Duration
An indication of how sensitive the price of a bond or similar debt security is to shifts in interest rates, often measured in years.
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