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Which of the following is NOT true?
Interest Accrued
The amount of interest that has accumulated over time but has not yet been paid or charged.
Par Value
The nominal value of a bond or stock as declared by the issuer, which might not represent its actual market value.
Exchange Rate
The price at which one currency can be exchanged for another currency in the foreign exchange market.
Loss
A financial condition where expenses exceed income, leading to a negative net income.
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