Examlex
When Tom decided to buy a washing machine, he had very little knowledge of competing products in the market. He did research on the Internet, talked to his friends, and compared features of different models. Finally, he decided to buy an LG top load, semi-automatic washing machine. This is an example of buying a(n) _____.
Coupon
The interest rate paid by fixed-income securities, typically expressed as an annual percentage of the face value.
Selling For
The process or act of offering goods or services in exchange for money.
Annually
Referring to events or measurements that occur once every year.
Indexed Bonds
The interest rate of such a bond is based on an inflation index such as the consumer price index (CPI), so the interest paid rises automatically when the inflation rate rises, thus protecting the bondholders against inflation.
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