Please Define the Following Key Terms

question 71

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-law of the maximum

---

Definitions:

Coupon Interest Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value.

Market Interest Rate

The prevailing rate of interest available in the market on loans, bonds, and other financial instruments.

Semi-Annual

Occurring twice a year, typically every six months.

Long-Term Notes

Debt securities with a maturity date longer than one year, representing borrowed funds that need to be repaid.