Examlex
In the early 1970s the notion of wicked problems emerged out of the ________ of resolving issues related to urban and governmental planning.
Face Value
The original cost of a financial instrument as stated on the certificate or document, not influenced by the market price.
Maturity
The date on which a financial instrument, such as a bond or loan, reaches its due date and the principal amount must be repaid.
Zero-Coupon Bonds
Debt securities that don't pay periodic interest but are issued at a significant discount to par value, providing profit at maturity when they reach their face value.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
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