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OQ4.3. Bond Concepts 3; Terms: Define 3: explain the following terms: coupon rate, coupon (How often do most U.S. bonds pay interest?), par value (What
OQ4.3. Bond Concepts 3; Terms: Define 3: explain the following terms: coupon rate, coupon (How often do most U.S. bonds pay interest?), par value (What is the par value of most U.S. corporate bonds?}, call provision, call price, balloon payment, coupon yield aka current yield, YTM, YTC. (Note: A call provision is a provision that allows the borrower (company) to buy back the bond at a set call price. This is similar to a homeowner's option to refinance their mortoaoe loan.)
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