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Finance: What is maturity? 1 Views
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Description:
Maturity is, quite simply, the date when a debt becomes due. As for our maturity, well... we're still giggling about the word "due."
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Bonds
- Terms and Concepts / Credit
- Terms and Concepts / Ethics/Morals
- Terms and Concepts / Investing
- Terms and Concepts / Managed Funds
- Terms and Concepts / Muni Bonds
- Terms and Concepts / Tax
- Terms and Concepts / Trusts and Estates
Transcript
- 00:00
Finance allah shmoop What is maturity and oh yes the
- 00:07
irony asking someone It shmoop to read about maturity but
- 00:11
we'll do our best here So maturity what is it
- 00:14
Well it's just the date when a debt becomes do
- 00:19
You buy a thousand dollar bond with a maturity date
Full Transcript
- 00:22
of may thirty one twenty twenty five Also what happens
- 00:26
on may thirty one twenty twenty five Well that's the
- 00:29
date you'll get your grand back and you'll have the
- 00:32
interest for that period as well So if you had
- 00:34
a six percent bond on that last payment may thirty
- 00:38
one twenty twenty five trivia question how much would you
- 00:41
get back Yes ah thousand dollar principle You'd get returned
- 00:45
but you'd also get what What yes the final payment
- 00:48
of thirty bucks right cause bonds pay interest twice a
- 00:50
year six percent sixty dollars a year You get that
- 00:53
thirty bucks back and that'd be the end of it
- 00:55
We love the semester system here it's from up We're
- 00:57
hoping we can age beyond the seventh grade level that
- 01:00
we seemed to live at here pretty soon for said
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