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What is the major product of the following reaction sequence?
Coupon Rate
The annual interest rate paid by a bond, expressed as a percentage of the bond's face value.
Maturity Risk
The risk associated with the time until a financial instrument reaches its maturity date, impacting its price and interest rate risk.
Interest Rates
The percentage charged on the total amount of borrowed money or paid on deposited funds.
Maturities
The set dates when the principal amount of a debt instrument, such as a bond, is due to be paid back to the investor.
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