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All of the Many Activities Required to Maintain a Home

question 20

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All of the many activities required to maintain a home and care for the people who live in it are referred to as


Definitions:

Coupon Rate

The per year interest yield of a bond, expressed as a portion of its principal value in percentage.

Par Value

The face value of a bond or stock, representing the amount that will be paid back at maturity.

Maturity Date

The date on which a financial instrument such as a bond or loan agreement is due to be repaid in full.

Sinking Fund Provision

A clause in a bond or other long-term debt instrument that requires the issuer to set aside funds regularly to repay the debt before it matures.

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