Examlex
What is the main difference in pricing R & D options versus most other real options?
Make-Whole
A provision that compensates bondholders for the loss of anticipated interest, typically in the event of an early redemption.
Floating-Rate Bonds
Bonds with variable interest rates that adjust periodically according to a standard market rate.
Market Rate
refers to the usual rate charged or paid for a good or service in a particular market, or the rate of interest available in the marketplace for investment funds.
Coupon Payment
A periodic interest payment made to the bondholders during the life of the bond.
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