Search results
Results From The WOW.Com Content Network
A coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Learn about the history, valuation, and types of bonds, including zero-coupon bonds that pay no coupons and have a price less than their face value.
Dirty price is the price of a bond including any interest that has accrued since the last coupon payment. Learn how to calculate the dirty price, clean price, and accrued interest of a bond, and see an example of a corporate bond trade.
Clean price is the price of a bond excluding any interest accrued since its issuance and the most recent coupon payment. Learn how to calculate clean price and see an example of a bond with a $980 clean price and a $1000 face value.
Write your new address on the back of the payment coupon that comes with your monthly billing statement and mail it back to your credit card issuer. Update your address in person.
A bond is a type of security under which the issuer owes the holder a debt and provides cash flow. Learn about the different types of bonds, such as municipal, corporate and government bonds, and their features, such as principal, maturity, coupon and yield.
Yield to maturity (YTM) is the rate of return earned by an investor who buys a fixed-interest security at a given price and holds it to maturity. It is the discount rate that makes the present value of all future cash flows equal to the current price.
A voucher is a bond of the redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. Learn about different types of vouchers, such as tourism, accounting, mobile, internet and school vouchers, and their functions and examples.
Current yield is the ratio of annual interest payment and bond price. Learn how to calculate it, its shortcomings, and its relationship with yield to maturity and coupon yield.