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We expect to directly detect gravitational waves in the near future.
Market Rate
The prevailing interest rate available in the marketplace for instruments of similar risk and maturity.
Contract Rate
The interest rate to be paid on the face amount of a bond as specified in the bond indenture.
Premium
An amount paid in addition to the standard price or cost, often in exchange for a service, insurance coverage, or higher-quality good.
Bondholders
Individuals or entities that hold debt securities issued by corporations or governmental bodies, expecting interest payments and the return of principal.
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