Examlex
The contract rate on previously issued bonds changes as the market rate of interest changes.
Required Rate of Return
The required rate of return is the minimum annual percentage return an investor expects to achieve from an investment, considering the risk associated with it.
Payback Rule
An investment appraisal technique that calculates the time required to recoup the cost of an investment, focusing on cash flow rather than profitability.
Pre-Specified Number
A value or quantity that is defined or agreed upon before it is used or applied.
Calculated Payback Period
The duration required for an investment to produce income or cash flow equal to the investment's initial cost.
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