Examlex
Define performance appraisal, and list the benefits of conducting a performance appraisal.
Required Rates
The minimum returns demanded by investors or lenders to compensate for the risk of an investment or loan.
Bonds
Bonds are debt securities issued by corporations or governments to raise funds, where the bond issuer agrees to pay back the principal along with interest.
Zero Coupon Issue
A bond or debt security that doesn’t pay periodic interest but is traded at a discount, realizing gains at maturity.
Annual Coupon
The yearly interest payment made by a bond issuer to its bondholders.
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