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Par Value
Par value refers to the nominal or face value of a bond, stock, or other financial instrument, indicating the amount that must be repaid at maturity.
Interest Rates
The cost of borrowing money or the return on invested capital, typically expressed as a percentage of the principal amount annually.
Maturity
Maturity is the date on which a financial obligation must be repaid or the final payment is due, marking the end of the obligation's life.
Annual Interest Payments
These are payments made to lenders or bondholders for the use of borrowed money, typically calculated annually based on the interest rate and principal amount.
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