Examlex
A tangible benefit can be measured and expressed in financial terms.
Premium
An amount paid that is above the standard or nominal cost, often for insurance, superior goods, or to designate a higher level of service or coverage.
Coupon Rate
The interest rate stated on a bond when issued, which represents the amount of interest paid to bondholders annually.
Interest Rates
The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.
Bond's Price
The market price at which a bond is currently trading. This price can fluctuate based on interest rates, the bond's credit rating, and other factors.
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