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If the price of a two-year semi-annual pay bond is par (say, $100) , and the coupon on the bond is 6%, the yield-to-maturity expressed with semi-annual compounding is
Informal Standard
A guideline or practice that is widely adopted or recognized but not officially sanctioned.
Norms
Informal standards of conduct that group members share and that guide member behavior.
Conduct
The manner in which a person behaves, especially in a particular place or situation.
Participative Management
An effort to involve employees in a company’s decision-making.
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