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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 . 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. For example, if a bond has a face value of ...
From January 2008 to April 2008, if you bought shares in companies when Eugene F. Murphy joined the board, and sold them when he left, you would have a 0.8 percent return on your investment, compared to a -5.4 percent return from the S&P 500.
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