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Every population of animals has an age structure, a graphical representation of the distribution of age groups within the population. While each individual in a population has a specific age, individuals themselves do not have an age structure. Age structure is therefore an example of a(n) ____ property.
Bond Market
A financial market where participants can issue new debt in the form of bonds or buy and sell debt securities, primarily to and from investors.
Coupon
The yearly rate of interest on a bond, denoted as a percentage of the base value.
Original Maturity
The initial term agreed upon at the issuance of a loan or bond, prior to any refinancing or alteration.
Annual Coupon Rate
The annual interest rate paid by a bond issuer to its holder, expressed as a percentage of the bond's face value.
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