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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 ...
Discounting. In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
020. 020 is the national dialling code for London in the United Kingdom. All subscriber numbers within the area code consist of eight digits and it has capacity for approaching 100 million telephone numbers. The code is used at 170 telephone exchanges in and around Greater London as part of the largest linked numbering scheme in the United Kingdom.
Fat Man. " Fat Man " (also known as Mark III) was the codename for the type of nuclear weapon the United States detonated over the Japanese city of Nagasaki on 9 August 1945. It was the second of the only two nuclear weapons ever used in warfare, the first being Little Boy, and its detonation marked the third nuclear explosion in history.