Terms
40 new/unreviewed 40 total
Term
What is the yield to maturity (YTM)?
Definition
The interest rate that equates the present value of a bond’s payments with its price....
New/Unreviewed
Term
How is YTM related to bond prices?
Definition
They move inversely...
New/Unreviewed
Term
What is the simple loan?
Definition
A loan where the borrower repays the principal plus interest in one payment at maturity....
New/Unreviewed
Practice Tests
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