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Who should be consulted before setting up an employee benefits program?
Interest Rate
The amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.
Bond
A financial instrument representing a loan made by an investor to a borrower, typically used by companies, municipalities, states, and sovereign governments to finance projects and operations.
Rational Investor
An individual who makes investment decisions based on logical analysis, aiming to maximize returns and minimize risks.
Interest Rate
The rate at which a borrower pays interest to a lender for borrowing money.
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