Examlex
Which one of the following fringe benefits allows for discrimination between highly compensated employees and other employees to be present?
Yield To Maturity
The expected total yield on a bond if it is retained until its maturity date.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, determining the interest payments to bondholders.
Semiannual
Occurring twice a year; every six months.
Financial Leases
A type of lease where the lessee has use of the asset for a significant portion of its useful life, and the lease terms closely resemble the conditions of outright ownership.
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