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Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
To avoid the response masking important radar targets behind the beacon, racons only operate for part of the time. In the United Kingdom, a duty cycle of about 30% is used — usually 20 seconds in which the racon will respond to radar signals is followed by 40 seconds when it will not, or sometimes 9 seconds on and 21 seconds off (as in the case of the Sevenstones Lightship ). In the United ...
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. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year. Typically, this will consist of two semi-annual payments of $25 each. [1]