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Why did Simón Bolívar lament that "those who have served the revolution have plowed the sea"? What was his dream for Latin America? Why was he so disappointed? Could similar arguments be made about the other revolutions discussed in the chapter? Did these revolutions turn out to be something very different from what their founders envisioned? Look at Map 25.3,Latin America in 1830.How was Latin America transformed by revolution?
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily match the market value.
Annual Coupon
The yearly interest payment issued to bondholders, typically expressed as a percentage of the bond’s face value.
Market Interest Rate
The prevailing rate of interest determined by supply and demand in the market, influencing how much borrowers pay for loans and investors earn on deposits.
Annual Coupon
The yearly interest payment paid to a bond's holders, typically expressed as a percentage of the bond's face value.
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