Examlex
Instructions: Identify the following terms.
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Tax Rate
The fraction of earnings or profits on which the government imposes taxes on individuals or corporations.
Coupon Rate
The annual interest rate paid by a bond issuer to the bondholders, usually expressed as a percentage of the bond's face value.
Semi-Annually
A frequency of twice a year, often used in the context of payment or performance evaluation periods.
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income, such as mortgage interest, depreciation, or charitable donations.
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