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Definition of Par yield
1. Noun. (finance) The yield for which the price of a bond is equal to its nominal value (par value). Chapter 7 Section 4; [ ¹
¹ Source: wiktionary.com
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1. Noun. (finance) The yield for which the price of a bond is equal to its nominal value (par value). Chapter 7 Section 4; [ ¹
¹ Source: wiktionary.com