Examlex
Satellite ________ operate on a point-to-point basis.
Strip Bond
A debt security that has had its main components, such as principal and coupon payments, separated into individual parts and sold as zero-coupon bonds.
Yield Rate
The annual return on an investment, expressed as a percentage of the investment's cost.
Compounded Semi-annually
This refers to the process of calculating interest on an investment or loan, with the interest being added to the principal balance twice a year, typically every six months.
Strip Bond
A bond where both the principal and regular interest payments have been separated and are sold individually.
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