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Bond Interest Expense
The cost incurred by an issuer of bonds for paying interest to bondholders.
Face Value
The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.
Semiannually
A term that describes an event or action that occurs twice a year, typically every six months.
Bond Premium
The amount by which the selling price of a bond exceeds its face value, typically resulting from interest rates lower than the bond's coupon rate.
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