Examlex
Explain in detail what swarm intelligence is.
Premium Amortization
The gradual expense or reduction of the premium paid above the par value of a debt security over its remaining term.
Interest Expense
The charge an entity bears for the funds it has borrowed over a set period.
Market Rate
The current price at which an asset or service can be bought or sold in a particular market.
Coupon Rate
The interest rate stated on a bond or other fixed-income security, expressed as a percentage of its face value.
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