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.
They offer investors the lowest yield of all government bond issues. Similar to zero-coupon bonds, T-bills are auctioned off to investors at a discount to par. The difference between par value ($100) and the discount price is what investors view as its interest payment.