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Why Do Some Bonds Sell at a Premium? How Does

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Why do some bonds sell at a premium? How does a premium impact the effective interest rate?


Definitions:

Motivating Potential Score

A numeric index used to predict job satisfaction and motivation potential, based on the design of a job and five core job characteristics.

Growth Need Strength

The degree to which an individual requires personal growth and development within their job.

Task Significance

The degree to which a job has a substantial impact on the lives of other people, within or outside the organization.

Prosocial Motivation

The desire to expend effort to benefit other people.

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