Because of this safety feature, tempered glass is used in the side and rear windows of automobiles made in the United States, as well as in the windshields of some foreign- made cars. Flotation is a method used by scientists to determine the ________________ of a particle of glass.
Coupon tells us the rate of returns(%) for the bonds when it was first issued based on issue price. Yield tells us the rate of returns(%) for the bond based on current price. Assuming a bond was issued at $1000, promising to pay $50 yearly, it has a coupon rate of 5% & yield of 5%. However, if due to unforseen circumstances the bond price drops to $500, it still has a coupon rate of 5% but the yield is currently 10%. Coupon (%) = Returns / Issue Price * 100.
Also read: Difference between pay order and demand draft. In a demand draft there is guaranteed payment by the banker and there is no question of it bouncing. The biggest difference between a cheque and a DD is that the payment is always honoured. Here are few other differences between cheque and DD:The cheque is issued by the customer, whereas Demand draft is issued by the bank. 1  In cheque payment is made after presenting the cheque to the bank, while in DD is given after making payment to the bank. 2  A cheque can bounce due to insufficient balance.