Examlex
Hiram Fong, the first Asian American to serve in the Senate, came to office in ________.
Compounded Semi-annually
This refers to the process of calculating interest on an investment or loan, with the interest being added to the principal balance twice a year, typically every six months.
Strip Bond
A bond where both the principal and regular interest payments have been separated and are sold individually.
Yield Rate
The rate of return on an investment over a specified period, expressed as a percentage, considering both interest and dividends.
Compounded Semi-annually
When interest is compounded semi-annually, it is calculated and added to the principal amount twice a year.
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