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Figure 6-7b
In the above image, what part of the telescope is represented by the pointer?
Loan Collateral
Assets a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
Coupon Rate
The annual interest rate paid by a bond expressed as a percentage of the face value.
Market Rate
The current interest rate offered in the market for securities or loans.
Coupon Rate
The annual interest rate paid by bond issuers on the bond's face value.
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