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When culture operates on the FORMAL level,a great deal of emotion is shown.
Bond Rating
An evaluation made by credit rating agencies regarding the credit worthiness of a corporation's or government's debt issues, reflecting the likelihood of default.
Yield To Maturity
The total expected return on a bond if held to its maturity date, taking into account both interest payments and capital gains or losses.
Premium
The amount paid for an insurance policy or an additional amount above the nominal or face value of securities.
Par Value
The face value of a bond or stock as stated by the issuer, which does not necessarily reflect its market value.
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