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Cluster samples typically cost less but they also increase sampling error.
Coupon Bond
A bond that pays the holder a fixed interest payment (coupon) at regular intervals until maturity, when the principal amount is reimbursed.
Accrued Interest
Interest that has been earned but not yet received or paid out, often relevant in bond investments and loans.
Interest Days
Refers to the days over which interest is calculated on a loan or financial instrument.
Conversion Ratio
In finance, it is the number of shares a holder can obtain by converting a convertible security into common stock.
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