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In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods [ 1 ] or by retailers, to be used in retail stores as a part of sales promotions .
OfficeMax was founded in Cleveland on April 1, 1988, by Bob Hurwitz and Michael Feuer. Hurwitz served as executive chairman and chief executive officer, and Feuer was the president and chief operating officer. On July 5, 1988, OfficeMax opened its first retail store in the Golden Gate Shopping Center in Mayfield Heights, Ohio. Hurwitz left the ...
On June 20, 1979, the Chicago Tribune announced plans for a $150 million printing plant, to replace their former printing facility at Tribune Tower. The site was to be located in the River North district, right off of the Chicago River. Architecture firm Skidmore Owings & Merrill designed the building. The Tribune acquired the 21-acre parcel of ...
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.
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