Examlex
Compare and contrast open-ended and fixed-alternative questions and give an example of each.
Semiannual Interest Payments
These are interest payments made twice a year on a financial instrument, such as a bond.
Coupon Rate
The annual interest rate paid by a bond's issuer to its bondholders, usually expressed as a percentage of the face value.
Face Value
The nominal or dollar value printed on a stock, bond, or other financial instrument, representing its legal value.
Maturity
The date on which the principal amount of a financial instrument, such as a bond or loan, is to be paid back in full.
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