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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. For example, if a bond has a face value of ...
In 2001, the Ministry of Agriculture, Forestry and Fisheries, which receives 20% of the public-works construction budget, commenced a scheme to build airfields predominantly for airlifting vegetables.
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