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Explain the amortization of bond discount.
Coupon Rate
Yearly interest earnings from a bond, shown as a percentage of its face value.
Par Value
A nominal value assigned to a share of stock as indicated in the corporate charter, not necessarily reflecting its market value.
Yield
The income return on an investment, such as the interest or dividends received, expressed annually as a percentage based on the investment's cost, its current market value, or its face value.
Quoted Price
The last price at which a security or commodity traded, often used as a reference to gauge market value.
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