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How would you test the clutch for dragging?
Coupon Rate
The annual interest rate paid by the issuer of a bond to the bondholder, typically expressed as a percentage of the bond's face value.
Secondary Market
A marketplace where previously issued securities and financial instruments such as stocks, bonds, options, and futures are bought and sold.
Interest Rates
The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage.
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