Examlex
Describe three different strategies you might use to encourage students to engage in critical thinking about a topic. Illustrate each strategy with a concrete example.
Nominal Rate
The interest rate stated on a bond or loan agreement without adjustment for inflation.
Current Yield
A bond's annual interest payment divided by its current price, indicating the return an investor would expect if the bond is held for a year.
Premium Bonds
Government or corporate bonds that are sold at a price above their face value due to their high credit quality or favorable interest yield.
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