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According to the process of creative destruction, at first the entrepreneur will be able to sell her product for
Premium on Bonds
The amount by which the price paid for a bond exceeds its face value, typically because the interest rate it pays is higher than the market rate.
Maturity
The date on which a debt or other borrowing is due to be repaid in full, or when an investment reaches its full value.
Bond's Discount
The difference between the face value of a bond and its selling price when sold for less than its face value.
Amortized
The gradual reduction of a debt over a period of time by making regular payments of interest and principal sufficient to repay the loan by maturity.
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