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Jerry and Kathy are told that their child has ________.After doing some research,they discover that this type of retardation involves no brain damage and results from the normal variation of intelligence in people combined with growing up in a below-average intellectual environment.
Contractual Interest Rate
The agreed-upon rate of interest to be paid on bonds or loans as specified in the contract.
Market Interest Rate
The prevailing rate of interest on loans and debt securities, reflecting the cost of borrowing in the market.
Bondholder
An investor or entity that legally owns a bond issued by a borrower, entitling them to receive fixed interest payments and the principal amount at maturity.
Discount
A reduction from the usual cost of something, often used to encourage sales or prompt early payment of invoices.
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