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Research and development will benefit from centralization.
Bonds Premium
The amount by which the price of a bond exceeds its face value, typically because the market interest rate is below the coupon rate of the bond.
Premium on Bonds Payable
The amount by which a bond's selling price exceeds its principal amount or face value.
Stated Interest
The interest rate declared on a bond or loan, which does not account for compounding.
Bonds Issued
Long-term debt instruments issued by corporations or governmental entities to investors to raise capital, with a promise to pay back the principal along with interest.
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