Examlex
A developmental theory is a systematic statement of general principles that provides a framework for understanding how and why people change as they grow older.
Effective Annual Yield
The interest rate on an investment, expressed on an annual basis, taking into account the effect of compounding.
Semi-annually
Refers to an event occurring twice a year, or every six months.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value, to the bondholder.
Par Value
Par value is the nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate; it is a static value and not indicative of market value.
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