The majority of bonds has enclosed coupons of interest

The majority of bonds has enclosed coupons of interest. They are disconnected and presented for payment as they become ripe. For example, four percent. The obligation for 1000$ would pull interest for 40$ annually. This sum would be paid in two payments 20$ everyone. If the obligation was within twenty years there would be during a problem forty coupons of the interest, everyone calling to 20$ and a subject of a collecting with intervals in six months.
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X. TRANSPORTATION BY RAIL
GROWTH OF OUR SYSTEM OF THE RAILWAY