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Coupon (finance) 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. [ 1] 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. [ 2]
v. 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.
California's capital, Sacramento, is located in the Central Valley . Prior to European colonization, California was one of the most culturally and linguistically diverse areas in pre-Columbian North America. European exploration in the 16th and 17th centuries led to the colonization by the Spanish Empire.
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In the county, the population was spread out, with 21.00% under the age of 18, 5.50% from 18 to 24, 28.20% from 25 to 44, 28.50% from 45 to 64, and 16.70% who were 65 years of age or older. The median age was 42 years. For every 100 females there were 100.60 males. For every 100 females aged 18 and over, there were 99.20 males.
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