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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.
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Hybrid securities are a broad group of securities that combine the characteristics of the two broader groups of securities, debt and equity.. Hybrid securities pay a predictable (either fixed or floating) rate of return or dividend until a certain date, at which point the holder has a number of options, including converting the securities into the underlying share.
Lists of United States state symbols. California ( / ˌkælɪˈfɔːrnjəˌ - ni.ə / ⓘ KAL-ih-FORN-yə, -FOR-nee-ə) [11] is a state in the Western United States, lying on the American Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and the Mexican state of Baja California to the south.
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