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What are the benefits and challenges of an arranged marriage? Using India as an example,discuss how the marriage relationship might be altered in having an arranged marriage rather than a marriage of individual choice.Consider the role of the families as well as the couple.
Zero Coupon Bond
A bond that pays no interest during its life. A “zero” sells for the present value of the principal repayment. However, the IRS imputes interest during the bond’s life on which the bondholder must pay tax.
Tax Implications
The potential tax effects or consequences of business transactions, personal income, or investment decisions.
Call Provisions
Clauses in bond contracts that allow the issuer to repay the bond before its maturity date, often at a premium price.
Secured Bonds
Bonds that are backed by collateral, reducing the risk for investors and often resulting in a lower interest rate.
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