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Nigel is a trainee at ZenNext Corp.,who is known among colleagues for his arrogance,rude behavior,and short-tempered nature.His supervisor,Ravi,wants to fire him.However,Rhonda,the manager of the HR department,advises Ravi to rethink his decision in order to avoid the possibilities of Nigel reacting violently or filing a lawsuit when he receives the news.In this scenario,which of the following situations is most likely to result in an amicable discharge of Nigel from ZenNext Corp.?
Effective Rate
The actual interest rate an investor receives or pays on a loan or investment, taking into account the compounding of interest.
Callable Bond
A type of bond that can be redeemed by the issuer before its maturity date at a predetermined call price.
Serial Bond
A bond issue that matures in installments over a period rather than having a single maturity date.
Contract Rate
The agreed-upon rate or price specified in a contract for the provision of goods or services.
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