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The Central Idea Behind the Simple Batch-Processing Scheme Is the Use

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Short Answer

The central idea behind the simple batch-processing scheme is the use of a piece of software known as the _________ .


Definitions:

Coupon Frequency

The frequency with which a bond's interest payments are made to bondholders, such as annually, semi-annually, quarterly, or monthly.

Semi-Annually

Occurring or carried out twice a year, typically used in the context of payments, interest accrual, or reporting periods.

Yield-To-Maturity

The total return anticipated on a bond if it is held until the maturity date.

Bond Principle

The face value of a bond, which is the amount to be repaid by the issuer to the bondholder at maturity.

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