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A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond.
With 20 years remaining to maturity, the price of the bond will be 100/1.07 20, or $25.84. Even though the yield-to-maturity for the remaining life of the bond is just 7%, and the yield-to-maturity bargained for when the bond was purchased was only 10%, the annualized return earned over the first 10 years is 16.25%.
Coupon (finance) In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value.
Unicode, formally The Unicode Standard, [note 1] is a text encoding standard maintained by the Unicode Consortium designed to support the use of text written in all of the world's major writing systems. Version 15.1 of the standard [A] defines 149 813 characters [3] and 161 scripts used in various ordinary, literary, academic, and technical ...
Korean War. The Korean War was fought between North Korea and South Korea from 1950 to 1953. It began on 25 June 1950 when North Korea invaded South Korea and ceased after an armistice on 27 July 1953. North Korea was supported by the People's Republic of China and the Soviet Union while South Korea was supported by the United Nations Command ...
Code 128. A Swiss postal barcode encoding "RI 476 394 652 CH" in Code 128 (B & C) Code 128 is a high-density linear barcode symbology defined in ISO/IEC 15417:2007. [1] It is used for alphanumeric or numeric-only barcodes. It can encode all 128 characters of ASCII and, by use of an extension symbol (FNC4), the Latin-1 characters defined in ISO ...
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