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Compounded Semiannually
Interest calculation method where interest is added to the principal sum twice a year, leading to interest on interest.
Strip Bond
A type of bond where both the principal and regular coupon payments have been separated and are sold individually.
Compounded Quarterly
A method where interest is calculated and added to the principal every three months.
Average Annual Rate
An average percentage that represents the compounded annual growth rate of an investment over a specified time frame.
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