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Change the Following Mixed Number to an Improper Fraction

question 3

Short Answer

Change the following mixed number to an improper fraction.
12 1/8 = _____


Definitions:

Maturity Date

The date on which a financial instrument such as a bond or loan agreement is due to be repaid in full.

Sinking Fund Provision

A clause in a bond or other long-term debt instrument that requires the issuer to set aside funds regularly to repay the debt before it matures.

Bond Indenture

A legal contract specifying all the terms and conditions between a bond issuer and bondholder, including obligations, rights, and protections.

Bond Redemption

The process by which a bond issuer legally repays the principal amount of the bond to the bondholders at or before the bond's maturity date.

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