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13 Cards in this Set
- Front
- Back
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Coupon Rate
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The interest rate that a bond issuer will pay to a bond holder
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Maturity
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The time at which payment to a bond holder is due
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Par Value
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The amount that an investor pays to purchase a bond and that will be repaid to the investor at maturity
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Yield
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The annual rate of return on a bond if the bond were held to maturity
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Savings Bond
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Low denomination bond issued by the United States government
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Municipal Bond
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A bond issued by a State of local government or municipality to finance such improvements as highways, state buildings, libraries, parks and schools
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Corporate Bond
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A bond that a corporation issues to raise money to expand its buisness
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Securities & Exchange Commission
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An independent agency of the government that regulates financial markets and investment companies
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Junk Bond
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A lower-rated, potentially higher-paying bond
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Capital Market
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Market in which money is lent for periods longer than 10 years
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Money Market
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Market in which money is lent for periods less than a year
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Primary Market
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Market for selling financial assets that can only be redeemed by the original holder
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Secondary Market
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Market for re-selling financial assets
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