Examlex
The discipline in which matters of right and wrong are systematically examined is known as:
Strip Bond
A kind of bond in which the main amount and the periodic interest payments are detached and marketed separately as zero-coupon bonds.
Strip Bond
A bond variant where the capital and ongoing interest payments are split and each sold as separate zero-coupon bonds.
Compounded Semi-annually
Interest that is compounded and added to the principal twice per year, emphasizing the process of growth due to reinvestment of interest.
Issue Price
The price at which a new issue of securities is offered to the public.
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