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Employee appraisals do not have the potential for discriminatory effect.
Coupon Rate
The interest rate on a bond paid by the issuer, expressed as a percentage of the bond's face value.
Coupon Bond
A type of bond that pays the holder a fixed interest rate (coupon) over the bond's life, with the principal repaid at maturity.
Interest-Rate Risk
The risk that an investment's value will change due to a change in the absolute level of interest rates.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value, representing the income investors will receive.
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