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Explain briefly the coupon interest rate bond terminology

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Reference no: EM132826645

Problem a) "Banker's Acceptances" is one of the money market instruments that is very crucial for international trade. Interpret this statement from the point of advantages of Banker's Acceptances.

Problem b) Explain briefly the following bond's terminology.

i) Coupon interest rate

ii) Indenture

Reference no: EM132826645

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