Examlex
Rand Computers is a mid-sized firm located in Toronto. As a result of personal connections, Rand Computers has started a division in Buffalo, New York. What type of corporation is Rand Computers?
Discount Bond
A bond sold for less than its face value, where the difference between the purchase price and the face value represents the investor's return.
Registered Form
A security that is registered in the issuing corporation's books in the name of the owner, requiring transfer through formal procedures.
Bond Yields
The return an investor realizes on a bond, often expressed as an annual percentage.
Interest Rate Risk
The potential for investment losses due to fluctuations in interest rates that affect the value of interest-bearing assets.
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