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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] 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.
The United Nations (UN) is a diplomatic and political [2] international organization with the intended purpose of maintaining international peace and security, developing friendly relations among nations, achieving international cooperation, and serving as a center for coordinating the actions of member nations. [3]
As of 2022, New Jersey had the highest annual median household income, at $96,346, of all 50 states. [20] Almost one-tenth of all households in the state, or over 323,000, are millionaires , the highest representation of millionaires among all states. [ 21 ]