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What are the long-term and short term effects of communication programs?
Indenture
Written agreement between the corporation and the lender detailing the terms of the debt issue.
Loan Term
The duration of time over which a loan agreement is in effect, dictating the repayment schedule.
Floating-Rate Bond
A bond whose interest payments fluctuate with the market interest rates, rather than being fixed.
Coupon Payment
The annual interest payment made to bondholders, typically expressed as a percentage of the face value.
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