BettyGijaniel BettyGijaniel
  • 17-03-2017
  • Business
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Allison just received her semiannual payment of $35 on a bond she owns. which term refers to this payment?

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metchelle
metchelle metchelle
  • 30-03-2017
The term that is being referred above is COUPON. The type of payment that Allison has received from her semiannual payment is called a coupon payment. This kind of payment resembles an interest that a bond holder receives once the bond matures. 
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