Examlex
Which statement is true of a flat file system?
Par
The face value of a bond or other financial instrument, typically the amount at which it will be paid out upon maturity.
Yield
The earnings generated from an investment, including interest or dividends, that result from owning a specific financial instrument.
Premium Bond
A bond sold for more than its face value, typically occurring when its interest rate is higher than the current market rate.
Market Price
The ongoing rate at which a marketplace values the buying or selling of assets or services.
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