Examlex
Who was primarily responsible for introducing Great Britain to the use of cannabis?
Floating Rate Bonds
Bonds with interest rates that adjust periodically based on a reference rate.
Coupon Rate
The interest rate stated on a bond or other fixed-income security, expressed as a percentage of its face value, that the issuer pays to the bondholder annually.
Interest Rate Risk
The potential loss in value of an investment due to a change in interest rates.
Junk Bonds
Junk bonds are high-yield bonds that carry a higher risk of default compared to investment-grade bonds, offering higher interest rates to compensate for the increased risk.
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