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Coupon (finance) 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]
t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
The Vought F4U Corsair is an American fighter aircraft that saw service primarily in World War II and the Korean War. Designed and initially manufactured by Chance Vought, the Corsair was soon in great demand; additional production contracts were given to Goodyear, whose Corsairs were designated FG, and Brewster, designated F3A .
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have led to it being described as one of the ...
The new 20 rupee coin is a circle (it is 12 edged*) with a diameter of 27mm (millimeters) and weight of 8.54 grams. The outer ring is composed of 65% copper, 15% zinc and 20% nickel whereas the inner ring (centre piece) is composed of 75% copper, 20% zinc and 5% nickel. Designed with the help of students of National Institute of Design, Ahmedabad.
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