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Describe the two-tier client server model.
Equivalent Annual Payment Bond
A type of bond that pays annual interest payments, calculated to provide a return equivalent to other periodic payment schedules.
EAR
Effective Annual Rate, a measure of interest that takes into account the effects of compounding over a year.
Conversion Value
The financial worth of converting a convertible security, like a bond, into a set number of shares of the issuing company.
U.S. Treasury Note
A marketable U.S. government debt security with a fixed interest rate and a maturity between one and ten years.
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