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The seasonal component of a time series is more difficult to predict than the cyclic component because cyclic variation is much more regular.
Cumulative
Refers to an overall amount that includes all accumulated adjustments, additions, charges, and other relevant items over a period.
Preferred Stock
Type of stock that provides dividends before common stock and carries no voting rights, offering a higher claim on assets and earnings.
Par Value
The nominal or face value of a bond, stock, or coupon as stated in the financial instrument, which is a significant figure for calculating interest payments or dividends.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, often used in the context of bonds.
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