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If a bond is issued at a discount,the issue price is greater than face value.
Bertrand Russell
A British philosopher, logician, mathematician, and social critic, best known for his work in mathematical logic and analytic philosophy.
Formalized Power
The officially recognized authority granted to an individual or organization, often reflected in a title or specific role.
Covert Power
Influence exerted indirectly or through non-obvious means, often hidden or behind the scenes, to affect decision-making or outcomes.
Coercive Power
Authority or power that is based on the ability to punish or inflict sanctions on others.
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