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What is a self-serving attributional bias?
Bond Premium
The amount by which the market price of a bond exceeds its principal amount or par value, often occurring when the bond's interest rate is higher than current market rates.
Effective Interest
The actual interest rate incurred on a loan or bond, reflecting the amortization of any fees or additional costs over the life of the loan.
Interest Revenue
Income earned from investments, loans, and other sources requiring the borrower to pay interest.
Bond Investments
Financial investments in debt securities issued by corporations or governments, which pay interest and are meant to be repaid at maturity.
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