Examlex
_____ refers to the ease with which a company changes or alters the way it performs its activities to respond to actions of its competitors.
Face Value
The nominal value of a security stated by the issuer, typically found on bonds and stock certificates.
Invoice Price
The price that a retailer, dealer, or distributor pays to the manufacturer, excluding any additional fees or charges.
Coupon Rate
The coupon rate is the annual interest rate paid by bond issuers on the bond's face value.
Clean Price
The price of a bond net of accrued interest; this is the price that is typically quoted.
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