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Firefighter "turnout" gear is considered what level of protective equipment?
Interest Rates
The percentage of an amount of money charged for its use per period, commonly expressed as an annual percentage rate.
Bond Investing
The act of investing in bonds, which are debt securities, with the expectation of earning a return from interest payments and potential price appreciation.
Annual Coupon Payment
The yearly amount paid to a bondholder, usually based on the bond's face value and its stated interest rate.
Current Yield
The annual income (interest or dividends) divided by the current price of the security, typically used in reference to bonds.
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