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Zero-coupon bonds are those that pay no coupons and thus have a coupon rate of 0%. [ 6 ] [ 7 ] Such bonds make only one payment: the payment of the face value on the maturity date. Normally, to compensate the bondholder for the time value of money , the price of a zero-coupon bond will always be less than its face value on any date of purchase ...
The Philippines campaign (Filipino: Kampanya sa Pilipinas, Spanish: Campaña en las Filipinas del Ejercito Japonés, Japanese: フィリピンの戦い, romanized: Firipin no Tatakai), also known as the Battle of the Philippines (Filipino: Labanan sa Pilipinas) or the Fall of the Philippines, was the invasion of the United States territory of the Philippines by the Empire of Japan during the ...