Examlex
Match the following terms to their meanings:
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Quoted Price
The ongoing price tag attached to buying or selling a service or asset.
Selling Price
The amount of money a customer pays to purchase a product or service.
Market Interest Rate
The prevailing rate of interest available in the marketplace for securities of similar risk and maturity.
Contractual Interest Rate
The interest rate stated on the face of a loan or bond agreement, which represents the percentage of interest that the borrower must pay to the lender.
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