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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 ...
A discount rate applied times over equal subintervals of a year is found from the annual effective rate d as. where is called the annual nominal rate of discount convertible thly. is the force of interest . The rate is always bigger than d because the rate of discount convertible thly is applied in each subinterval to a smaller (already ...
Lebanon is located in West Asia between latitudes 33° and 35° N and longitudes 35° and 37° E. Its land straddles the "northwest of the Arabian Plate ". [172] The country's surface area is 10,452 square kilometres (4,036 sq mi) of which 10,230 square kilometres (3,950 sq mi) is land.
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