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The coupon rate of a bond is the annual interest rate that the issuer agrees to pay the bondholder until the bond matures. The coupon rate is stated as a percentage of the bond's face value, which is the amount of money that the bondholder will receive at maturity. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the issuer will pay the bondholder $50 in interest every year until the bond matures. The coupon payments are usually made semi-annually or annually, depending on the terms of the bond.
Attorney-generals from 16 states condemned the ban yesterday and were discussing whether to challenge the administration in court.
Direction: In the following question, a sentence is given, divided into 5 parts. Part (E) is grammatically correct. Out of the other four parts, one pa...
Directions: The following sentences are divided into parts. Identify if there is any error in any of the parts. If there is an error, choose the lette...
It calls for the importance of reskilling in order to prepare current and future workforces for the job of the future.
Rise in the water level in the village and adjoining areas has laid to waterlogging and destruction of standing crops in the village.
In the following questions, some parts of the sentences have errors and some are correct. Find out which part of a sentence has an error. The number of...
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the par...
A well-developed corporate bond market provides additional avenues to corporate for rising funds in a cost effective manner and reduces reliance...
Of the four given options, choose the most appropriate one.
I’ve got abusydaytomorrow, so IthinkI’ll hit thesack.
