Examlex
Which of the following was a feature of the Duke's Laws?
Contract Rate
The agreed-upon interest rate specified in a contract, such as in loans, leases, or bonds.
Market Rate
The prevailing interest rate available in the marketplace for securities of similar risk and maturity to a bond.
Discount
A reduction from the usual cost of something, often provided as an incentive to encourage purchase.
Contract Rate
The agreed-upon interest rate specified in a contract, often related to loans or financial agreements.
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