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The first laws against opium use represented a coercive action against Mexican farm workers.
Inflation Premium
The additional yield that investors demand on securities to compensate for the loss of purchasing power due to inflation.
Nominal Interest Rate
The stated interest rate of a bond or loan, which does not account for inflation or the compounding of interest.
Bond Yield
The return an investor realizes on a bond, calculated as the annual interest payment divided by the bond's current market price.
Face Value
Face value refers to the nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.
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