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In a diagram of a binary tree, each node is represented as a(n) ____.
Zero Coupon Bonds
Bonds issued at a discount from their face value, which do not pay periodic interest but are redeemed at full face value at maturity.
Effective Interest Rate
The real rate of interest taking into account the effects of compounding over a given period.
Discount
A reduction from the full amount or value of a product or service, usually to entice customers or accelerate sales.
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