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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.
In 2023, California passed a law on a new minimum wage for fast food workers at $20.00. The new minimum wage took effect on April 1, 2024. It affects the following restaurants: Has little to no table service; Part of a chain of at least 60 locations nationwide; Sells food and beverage for immediate consumption; Colorado: $14.42: $11.40
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 ...
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