Examlex
When Kroger mails out a circular that advertises its upcoming sales, the cost of the circular is partially paid for by manufacturers that are included in the advertisements. The manufacturers are helping pay for the advertising expenses as a way to
Coupon Rate
The interest rate paid yearly on a bond, expressed as a percentage of its face value.
Market Value
The rate at which a service or asset is presently traded in the market.
Call Premium
Amount by which the call price exceeds the par value of the bond.
Par
This term typically refers to a financial instrument's nominal or face value, as opposed to its market value or price.
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