Examlex
Which of the following is a government sponsored enterprise that funds or guarantees a substantial number of mortgage loans in the U.S.?
Semiannual Interest
Interest that is calculated and paid twice a year, often associated with bonds or loans.
Effective Rate
The actual interest rate that a borrower pays or earns, taking into account the compounding of interest.
Contract Rate
The pre-agreed interest rate specified in a financial contract or loan agreement.
Bond Premium
The additional amount over the face value for which a bond is sold, representing the difference between its selling price and its face value.
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