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Describe the basic differences between Davis and Moore's functionalist approach to stratification and the other conflict approaches discussed in the text.
Strip Bond
A financial instrument resulting from the separation of the coupon payments and the principal of a regular bond, where each part is sold separately as a zero-coupon bond.
Market Yield
The return on investment for a security anticipated in the marketplace, reflecting its current price and income it generates.
Compounded Semi-Annually
Interest calculation method where the interest is added to the principal balance twice a year, leading to interest on interest.
Market Rate
The prevailing interest rate available in the marketplace, often used as a benchmark for setting loan or investment interest rates.
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