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For the following reaction, which reactant functions as an acid?
Coupon Rate
The interest rate on a bond, which is calculated as a percentage of the face value, and paid to the bondholders periodically until maturity.
Par Value
It represents the nominal or face value of a security, such as a share or bond, and is the minimum price at which such securities might be issued originally.
Collateralized Bonds
Bonds that are secured by a collateral asset, providing higher security to bondholders in case of issuer's default.
Issuing Firm
A company or entity that releases securities into the financial market for the first time, often through initial public offerings (IPOs) or bond sales.
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