wvasquez811 wvasquez811

26-10-2020
Business

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What is a premium in personal finance HEEEEELLPPP

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jennys4943 jennys4943

26-10-2020

Premium has multiple meanings in finance, with the first being the total cost to buy an option. A premium is also the difference between the price paid for a fixed-income security and the security's face amount at issue.

Source: Investopedia

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