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) Define each of the following terms: Bond; Treasury bond; corporate bond; municipal pond; foreign bond Par value; maturity date; coupon payment; coupon interest rate
) Define each of the following terms:
- Bond; Treasury bond; corporate bond; municipal pond; foreign bond
- Par value; maturity date; coupon payment; coupon interest rate
- Floating-rate bond; zero coupon bond; original issue discount bond (OID)
- Call provision; redeemable bond; sinking fund
- Convertible bond; warrant; income bond; indexed bond (also called a purchasing power bond)
- Premium bond; discount bond
- Current Yield (on a bond); yield to maturity (YTM); yield to call (YTC)
- Indentures; mortgage bond; debenture; subordinate debenture
- Development bond; municipal bond insurance; junk bond; investment-grade bond
- Real risk-free rate of interest, nominal risk-free rate of interest
- Inflation premium (IP), default risk premium (DRP); liquidity; liquidity premium (LP)
- Inflation rate risk; maturity risk premium (MRP); reinvestment rate risk
- Term structure of interest rates; yield curve
- Normal Yield curve; inverted (abnormal) yield curve
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