Examlex
There are three categories of computers: personal, _____, and large computers.
Market Interest Rate
The prevailing rate of interest available in the marketplace on comparable instruments, impacting borrowing costs and investment returns.
Noncallable
A bond or other financial instrument that cannot be redeemed or paid off before its specified maturity date by the issuer.
Par Value
The face value of a bond or stock, representing the amount to be returned to the holder at maturity.
Annual Coupon
The yearly interest payment paid to bondholders, typically expressed as a percentage of the bond's face value.
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