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Coupon (finance) In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. [1] 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]
The bottom 50 percent wealth share is always less than 5 percent, whereas the bottom 50 percent income share generally falls in the 20 to 30 percent range. The bottom half of the population hardly owns any wealth, but it does earn appreciable income:The inequality of labor income can be high, but it is usually much less extreme.
Mullins was apprenticed to a local plumber at age 15. [1] In 1979, he founded Pimlico Plumbers operating from a basement in Pimlico. [5]He is known for his collection of plumbing-themed number plates, used on the company's vehicles, and worth around £1.5 million.
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