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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. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
Summer is almost here, meaning it’s time to find all your breezy, chill fashions. Whether you’re running errands or simply lounging around the house, opting for clothing that w…. Show more ...
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