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In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. [1] Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2]
Believed to be the first coupon ever, this ticket for a free glass of Coca-Cola was first distributed in 1888 to help promote the drink. By 1913, the company had redeemed 8.5 million tickets. [6] Coca-Cola's 1888-issued "free glass of" is the earliest documented coupon. [6] [7] Coupons were mailed to potential customers and placed in magazines ...
The Tsar Bomba (Russian: Царь-бомба, romanized: Tsar'-bomba, IPA: [t͡sarʲ ˈbombə], lit. ' Tsar bomb '; code name: Ivan [5] or Vanya), also known by the alphanumerical designation "AN602", was a thermonuclear aerial bomb, and the most powerful nuclear weapon ever created and tested.
Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.
Semaglutide is expected to become patent-free in the United States no earlier than December 2031. [69] The Chinese patent was scheduled to expire in 2026, but a court ruled in 2022 that all patents on semaglutide were invalid. Novo Nordisk appealed the ruling. [70]
Illinois (/ ˌ ɪ l ɪ ˈ n ɔɪ / ⓘ IL-in-OY) is a state in the Midwestern region of the United States.It borders Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash and Ohio rivers to its south.