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What Is the Principle of Diminishing Marginal Utility

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What is the principle of diminishing marginal utility?


Definitions:

Yield To Maturity

The overall gain expected from a bond, provided it is kept until its due date, including all received interest and the principal amount's reimbursement.

Semi-Annually

Happening biannually, usually once every six months.

Face Value

Face value is the nominal value or dollar value printed on a security or a bond, representing the amount to be repaid at maturity.

Semi-Annual Coupon

A type of bond payment made twice a year to bondholders, representing interest payments on the bond's face value.

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