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Consider the flowcharting symbols shown below and the flowchart depicted above as you answer the question? The symbol labeled "approve purchase order" would be appropriately replaced in the flowchart with which of the following:
Coupon Bond
A type of bond that provides periodic interest payments to its holder, based on a fixed interest rate (coupon rate) until its maturity, at which point the principal amount is repaid.
Accrued Interest
The interest that has accumulated on a bond since the last interest payment was made, which the buyer of the bond must pay to the seller if the bond is bought between interest payment dates.
Zero-Coupon Bond
A zero-coupon bond is a debt security that doesn't pay periodic interest but is sold at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, including all interest payments and capital gains or losses.
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