Examlex
The ____________ data type is used to store any number that might have a fractional part.
Market Rate
The prevailing interest rate available in the marketplace for instruments of similar credit risk and maturity.
Face Value
The nominal or dollar value printed on a bond, bill, or other financial instrument, representing the amount to be repaid at maturity.
Selling Premium
The amount by which the selling price of a bond exceeds its par value or face value.
Premium on Bonds Payable
The excess amount by which bonds are issued over their face value, representing an additional cost of borrowing to the issuer.
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