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Define mergers and acquisitions. How do they differ?
Term Bond
Bonds that have a specified maturity date on which the principal or face value is payable to bondholders.
Effective Rate
A more accurate measure of interest or return that takes into account the effects of compounding over a specific period.
Contract Rate
The agreed-upon interest rate specified in a contract, often related to loans or financial agreements.
Bond Indenture
A legal contract specifying the terms and conditions under which bonds are issued, including details of interest payments and the maturity date.
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