Question: Define the following terms commonly used in bond valuation: (a) par value, (b) Maturity date, (c) Coupon, (d) Coupon rate, (e) Coupon yield, (f) Yield
Define the following terms commonly used in bond valuation:
(a) par value,
(b) Maturity date,
(c) Coupon,
(d) Coupon rate,
(e) Coupon yield,
(f) Yield to maturity (YTM), and
(g) Yield curve.
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