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The three large relatively developed regions in the world are North America, Western Europe, and Eastern Europe.
Quoted Coupon Rate
This is the annual interest rate paid by a bond, expressed as a percentage of the bond’s face value and fixed for the bond's lifespan.
Zero Coupon Bond
A bond that is issued at a discount to its face value and pays no interest but is redeemed at its face value at maturity.
Required Return
Required return is the minimum expected yield by investors to compensate for the risk of an investment.
Semiannual Compounding
Interest calculation method where interest is added to the principal sum of a loan or deposit twice a year.
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