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Coercive power is a source of formal power.
Market Rate
The prevailing interest rate available in the marketplace on a particular debt instrument or the current price of goods, services, or securities.
Contract Rate
The agreed-upon interest rate specified in a contract, such as a loan or bond, which determines the periodic interest payments.
Premium
An amount paid in excess of the nominal or face value, often in relation to insurance policies, bonds, or shares.
Effective Interest Rate
The actual return on an investment, taking into account the effect of compounding interest as opposed to the nominal rate.
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