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Communication scholars have developed three different models that can be used to analyze interactions: the action, interaction, and transaction models. What elements do these models have in common? How are they different? Even though the transaction model is the newest and perhaps most developed, can you think of any situations in which it might be useful to analyze an interaction using either the action or interaction model? Identify two different examples and justify your choices.
Market Price
The real-time price for buying or selling an asset or service.
Face Value
The nominal or dollar value printed on a security or currency, indicating its legal worth.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, usually expressed as a percentage of the bond's face value.
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage.
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